Citi Trends holiday sales rise 9.6%, co reaffirms fiscal outlook

Citi Trends

12/01/2026 12:00

Overview

US off-price retailer's sales rose 9.6% for nine-week holiday period ending January 3, 2026

Reaffirmed fiscal 2025 outlook

Comparable store sales grew 9.3% during holiday period

Company expects year-end cash balance of approximately $65 mln

Outlook

Citi Trends expects full-year comparable store sales to rise by high-single digits

Company anticipates full-year EBITDA of $10 mln to $12 mln

Citi Trends projects year-end cash balance of approximately $65 mln

Result Drivers

TRANSACTION AND BASKET SIZE - CEO Ken Seipel attributed the 9.3% comparable store sales growth to increased transaction numbers and average basket size

PRODUCT ASSORTMENT - Holiday sales were driven by an elevated product assortment, including brands, fashion, and off-price deals

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
$191.20 mln
$187.33 mln (2 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the apparel & accessories retailers peer group is "buy"

Wall Street's median 12-month price target for Citi Trends Inc is $55.50, about 14.6% above its January 9 closing price of $48.43

The stock recently traded at 63 times the next 12-month earnings vs. a P/E of 509 three months ago

Press Release: ID:nBwbG4k4sa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)