Consumer Cyclical -
Apparel - Retail - NASDAQ - US
$ 19.14
-0.571 %
$ 167 M
Market Cap
-3.69
P/E
1. INTRINSIC VALUE
Balance Sheet
Citi Trends, Inc.
| Current Assets | 225 M |
| Cash & Short-Term Investments | 79.7 M |
| Receivables | 4.12 M |
| Other Current Assets | 141 M |
| Non-Current Assets | 294 M |
| Long-Term Investments | 0 |
| PP&E | 288 M |
| Other Non-Current Assets | 6.11 M |
| Current Liabilities | 170 M |
| Accounts Payable | 100 M |
| Short-Term Debt | 45.8 M |
| Other Current Liabilities | 23.7 M |
| Non-Current Liabilities | 191 M |
| Long-Term Debt | 189 M |
| Other Non-Current Liabilities | 2.3 M |
EFFICIENCY
Earnings Waterfall
Citi Trends, Inc.
| Revenue | 753 M |
| Cost Of Revenue | 471 M |
| Gross Profit | 282 M |
| Operating Expenses | 322 M |
| Operating Income | -39.5 M |
| Other Expenses | 3.68 M |
| Net Income | -43.2 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Citi Trends, Inc.
| Net Income | -43.2 M |
| Depreciation & Amortization | 19.1 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 0 |
| Others | 43.2 M |
| Free Cash Flow | 0 |
Wall Street Analysts Price Targets
Citi Trends, Inc.
Wall Street analysts predict an average 1-year price target for CTRN of $21.4 , with forecasts ranging from
a
low of
$14 to a high of $28 .
CTRN Lowest Price Target
Wall Street Target
14 USD
-26.85%
CTRN Average Price Target
Wall Street Target
21.4 USD
11.81%
CTRN Highest Price Target
Wall Street Target
28 USD
46.29%
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.08 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Citi Trends, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
324 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
10 M USD 4
6-9 MONTHS
19.4 M USD 1
9-12 MONTHS
7. News
Citi Trends Announces Election of Ken Seipel as Chairman of the Board and Refresh of Board of Directors
SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) (“Citi Trends” or the “Company”), a leading off-price value retailer of apparel, accessories and home trends primarily for African American families in the United States, today announced that its Board of Directors (the “Board”) has elected Kenneth (Ken) Seipel, the Company's Chief Executive Officer and a member of the Board, as Chairman of the Board, effective April 2, 2025. The Board unanimously voted to elect Mr. Seipel to the.
businesswire.com
- 2 weeks ago
Citi Trends: Turnaround Continues, But The Stock Price Is Unattractive
Citi Trends shows improvement with strong comparable sales and gross margin expansion but struggles with SG&A leverage, guiding for breakeven operating income in FY25. The company's strategic initiatives focus on merchandising efficiency, including off-price merchandise and AI-driven product allocation, contributing to gross margin gains. Despite positive guidance and momentum, ongoing SG&A pressures hinder operational leverage, making CTRN stock unattractive until sustainable profitability is demonstrated.
seekingalpha.com
- 3 weeks ago
Citi Trends, Inc. (CTRN) Q4 2024 Earnings Call Transcript
Citi Trends, Inc. (NASDAQ:CTRN ) Q4 2024 Earnings Conference Call March 18, 2025 9:00 AM ET Company Participants Nitza McKee - Investor Relations, ICR Ken Seipel - Chief Executive Officer Heather Plutino - Chief Financial Officer Conference Call Participants Jeremy Hamblin - Craig-Hallum Capital Group Michael Baker - D.A. Davidson Operator Greetings.
seekingalpha.com
- 3 weeks ago
Citi Trends Announces Fourth Quarter and Fiscal 2024 Results
SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a leading off-price value retailer of apparel, accessories and home trends primarily for African American families in the United States, today reported results for the 13-week fourth quarter and 52-week full year ended February 1, 2025. For purposes of comparison, unless otherwise stated, metrics in this release are compared to the 14-week fourth quarter and 53-week full year ended February 3, 2024. Financial Highlights – Fourth.
businesswire.com
- 3 weeks ago
Citi Trends Sets Date for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the fourth quarter and full year 2024 before the market opens on Tuesday, March 18, 2025. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. A live broadcast of Citi Trends' conference call will be available online at the Company's website, www.cititrends.com, under the Investor Relations section, on March 18, 2025, beginning at 9:00 a.m. ET. The online replay.
businesswire.com
- 1 month ago
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Citi Trends, Inc. (NASDAQ: CTRN)
NEW YORK , Jan. 27, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Citi Trends, Inc. (NASDAQ: CTRN) on behalf of the company's shareholders. The investigation seeks to determine whether Citi Trends's directors breached their fiduciary duties in connection with recent corporate actions.
prnewswire.com
- 2 months ago
Citi Trends Announces 2024 Holiday Sales Results for Quarter-to-Date Through January 4, 2025
SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today announced results for its holiday selling period. Total sales for the quarter-to-date period ending January 4, 2025 of $174.4 million compared to $169.0 million in the same period in 2023. Comparable store sales, calculated on a shifted 9-week to 9-week.
businesswire.com
- 2 months ago
Citi Trends to Present at 2025 ICR Conference
SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today announced that the Company will be presenting at the 2025 ICR Conference on Monday, January 13, 2025 at 11:30 a.m. ET. The Company will be represented at the conference by Ken Seipel, Chief Executive Officer and Heather Plutino, Chief Financial Officer.
businesswire.com
- 3 months ago
Citi Trends: Impressive Q3, But The Stock Has Discounted A Full Turnaround
Citi Trends, Inc. reported Q3 2024 comparable sales growth of 5.7%, driven by improved product assortment, but margins remained pressured due to strategic investments and calendar shifts. Despite a 70% stock rally post Q2 '24, the market cap near $200 million makes the stock less attractive, even with potential profitability recovery. Management aims for pre-pandemic EBITDA margins and plans store expansion by late 2025, with $50 million stock repurchase authorization signaling confidence.
seekingalpha.com
- 4 months ago
Citi Trends, Inc. (CTRN) Q3 2024 Earnings Call Transcript
Citi Trends, Inc. (NASDAQ:CTRN ) Q3 2024 Earnings Conference Call December 3, 2024 9:00 AM ET Company Participants Cody McAllister - ICR Ken Seipel - CEO Heather Plutino - CFO Conference Call Participants Jeremy Hamblin - Craig-Hallum Capital Group Michael Baker - D.A. Davidson Operator Greetings.
seekingalpha.com
- 4 months ago
Citi Trends Announces Third Quarter Fiscal 2024 Results
SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today reported results for the third quarter ended November 2, 2024. Financial Highlights – Third Quarter 2024 Total sales of $179.1 million decreased 0.3% vs. Q3 2023; comparable store sales, calculated on a shifted 13-week to 13-week basis, increased 5.7% c.
businesswire.com
- 4 months ago
Citi Trends Announces CEO Appointment and Q3 Comparable Store Sales Above Guidance
SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends Inc. (NASDAQ: CTRN) today announced the Board of Directors has appointed Kenneth (Ken) Seipel as Chief Executive Officer, effective November 18, 2024. Mr. Seipel has been serving as the Interim CEO of Citi Trends since June 1, 2024, and on the Board of Directors since 2019. Concurrently, the Board appointed Peter Sachse, the current Executive Chairman of the Board, as Chairman of the Board. In addition, the Company is announcing preliminary Q3 2024 re.
businesswire.com
- 4 months ago
8. Profile
Summary
Citi Trends, Inc. CTRN
COUNTRY
US
INDUSTRY
Apparel - Retail
MARKET CAP
$ 167 M
Dividend Yield
0.00%
Description
Citi Trends, Inc. operates as a value retailer of fashion apparel, accessories, and home goods. It offers apparel, such as fashion sportswear and footwear for men and ladies, as well as apparel for kids, including newborns, infants, toddlers, boys, and girls; sleepwear, lingerie, and scrubs for ladies; and kids uniforms and accessories. The company also provides accessories and beauty products that include handbags, luggage, hats, belts, sunglasses, jewelry, and watches, as well as undergarments and outerwear for men and women. In addition, it offers home and lifestyle products comprising home products for the bedroom, bathroom, kitchen, and decorative accessories; and food, tech, team sports, and health products, as well as seasonal items, books, and toys. The company provides its products primarily to African American and Latinx families in the United States. As of January 29, 2022, it operated 609 stores in urban and rural markets in 33 states. The company was formerly known as Allied Fashion, Inc. and changed its name to Citi Trends, Inc. in 2001. Citi Trends, Inc. was founded in 1946 and is headquartered in Savannah, Georgia.
Contact
104 Coleman Boulevard, Savannah, GA, 31408
https://www.cititrends.com
IPO
Date
May 18, 2005
Employees
2700
Officers
Ms. Katrina George
Vice President of Human Resources
Kyle Koenig
Vice President of Stores & Real Estate
Mr. Andrew Taylor
Senior Vice President of Operations
Ms. Heather Plutino
Chief Financial Officer, Principal Financial Officer, Principal Accounting Officer & Executive Vice President
Ms. Lisa A. Powell
Executive Vice President & Chief Merchandising Officer
Ms. Jessica G. Berkowitz
Senior Vice President of Planning & Allocation