Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to US$55.61, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 12x in the Specialty Retail industry in the US. Total returns to shareholders of 214% over the past three years. Major Estimate Revision • Jun 09
Consensus EPS estimates increase by 44% The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from US$871.4m to US$900.4m. EPS estimate increased from US$0.99 to US$1.43 per share. Net income forecast to grow 6.6% next year vs 22% growth forecast for Specialty Retail industry in the US. Consensus price target up from US$67.50 to US$70.50. Share price fell 5.2% to US$43.69 over the past week. Buy Or Sell Opportunity • Jun 05
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.6% to US$43.06. The fair value is estimated to be US$56.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 29% per annum over the same time period. Reported Earnings • Jun 02
First quarter 2027 earnings: EPS and revenues exceed analyst expectations First quarter 2027 results: EPS: US$0.95 (up from US$0.11 in 1Q 2026). Revenue: US$230.9m (up 14% from 1Q 2026). Net income: US$7.75m (up US$6.88m from 1Q 2026). Profit margin: 3.4% (up from 0.4% in 1Q 2026). Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings. Aankondiging • Jun 02
Citi Trends, Inc. Reaffirms Earnings Guidance for the Fiscal 2026 Citi Trends, Inc. reaffirmed Earnings guidance for the fiscal 2026. For the year, the company expects total sales growth is expected to be 9% to 11% for the year. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$43.69, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 11x in the Specialty Retail industry in the US. Total returns to shareholders of 188% over the past three years. Aankondiging • May 20
Citi Trends, Inc. to Report Q1, 2027 Results on Jun 02, 2026 Citi Trends, Inc. announced that they will report Q1, 2027 results Pre-Market on Jun 02, 2026 Reported Earnings • Apr 16
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: US$0.65 (up from US$5.19 loss in FY 2025). Revenue: US$820.0m (up 8.9% from FY 2025). Net income: US$5.21m (up US$48.4m from FY 2025). Profit margin: 0.6% (up from net loss in FY 2025). Like-for-like sales growth: 9.7% vs FY 2025 Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 16
Citi Trends, Inc., Annual General Meeting, Jun 10, 2026 Citi Trends, Inc., Annual General Meeting, Jun 10, 2026. Recent Insider Transactions • Apr 09
Independent Director recently sold US$92k worth of stock On the 6th of April, Margaret Jenkins sold around 2k shares on-market at roughly US$45.91 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$141k more than they bought in the last 12 months. Reported Earnings • Mar 18
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: US$0.65 (up from US$5.19 loss in FY 2025). Revenue: US$820.0m (up 8.9% from FY 2025). Net income: US$5.21m (up US$48.4m from FY 2025). Profit margin: 0.6% (up from net loss in FY 2025). Like-for-like sales growth: 9.7% vs FY 2025 Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 17
Citi Trends, Inc. Provides Financial Guidance for the Fiscal 2026 Citi Trends, Inc. provided financial guidance for the fiscal 2026. For the year, the company expects total sales growth of 6% to 8% compared to fiscal 2025. Aankondiging • Mar 03
Citi Trends, Inc. to Report Fiscal Year 2026 Results on Mar 17, 2026 Citi Trends, Inc. announced that they will report fiscal year 2026 results Pre-Market on Mar 17, 2026 Board Change • Mar 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Ben Faw was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Jan 08
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 34% to US$46.69. The fair value is estimated to be US$38.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Dec 02
Third quarter 2026 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2026 results: US$0.86 loss per share (in line with 3Q 2025). Revenue: US$197.1m (up 10% from 3Q 2025). Net loss: US$6.89m (loss narrowed 3.6% from 3Q 2025). Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Aankondiging • Nov 18
Citi Trends, Inc. to Report Q3, 2026 Results on Dec 02, 2025 Citi Trends, Inc. announced that they will report Q3, 2026 results at 9:30 AM, US Eastern Standard Time on Dec 02, 2025 New Risk • Sep 08
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$73k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 26
Second quarter 2026 earnings: EPS and revenues exceed analyst expectations Second quarter 2026 results: EPS: US$0.47 (up from US$2.21 loss in 2Q 2025). Revenue: US$190.8m (up 8.0% from 2Q 2025). Net income: US$3.82m (up US$22.2m from 2Q 2025). Profit margin: 2.0% (up from net loss in 2Q 2025). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 130 percentage points per year, which is a significant difference in performance. Aankondiging • Aug 26
Citi Trends, Inc. Updates Earnings Guidance for the Full Year 2025 Citi Trends, Inc. updated earnings guidance for the full year 2025. For the full year, the company Expects comparable store sales growth of mid to high-single digits, above previous outlook of mid-single digit growth. Aankondiging • Aug 12
Citi Trends, Inc. to Report Q2, 2026 Results on Aug 26, 2025 Citi Trends, Inc. announced that they will report Q2, 2026 results Pre-Market on Aug 26, 2025 Buy Or Sell Opportunity • Jun 24
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 41% to US$29.96. The fair value is estimated to be US$24.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.1% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 3.8% in a year. Earnings are forecast to grow by 81% in the next year. Recent Insider Transactions Derivative • Jun 06
Consultant notifies of intention to sell stock Jonathan Duskin intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of June. If the sale is conducted around the recent share price of US$33.72, it would amount to US$337k. Since June 2024, Jonathan has owned 7.07k shares directly. Company insiders have collectively bought US$4.5m more than they sold, via options and on-market transactions, in the last 12 months. Price Target Changed • Jun 04
Price target increased by 26% to US$38.50 Up from US$30.50, the current price target is an average from 2 analysts. New target price is 14% above last closing price of US$33.72. Stock is up 39% over the past year. The company is forecast to post a net loss per share of US$1.44 next year compared to a net loss per share of US$5.19 last year. New Risk • Jun 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Jun 03
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 35% to US$32.87. The fair value is estimated to be US$25.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.1% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 2.9% in a year. Earnings are forecast to grow by 81% in the next year. Aankondiging • Jun 03
Citi Trends, Inc. Updates Financial Guidance for Fiscal 2025 Citi Trends, Inc. updated fiscal 2025 outlook. Expecting full year comparable store sales growth of mid-single digits, at the high end of previous outlook of low to mid-single digit growth. Aankondiging • May 20
Citi Trends, Inc. to Report Q1, 2026 Results on Jun 03, 2025 Citi Trends, Inc. announced that they will report Q1, 2026 results Pre-Market on Jun 03, 2025 Board Change • May 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Pamela Edwards was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Apr 30
Now 27% overvalued Over the last 90 days, the stock has fallen 15% to US$22.32. The fair value is estimated to be US$17.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 3.8% in a year. Earnings are forecast to grow by 74% in the next year. Aankondiging • Apr 28
Citi Trends, Inc., Annual General Meeting, Jun 05, 2025 Citi Trends, Inc., Annual General Meeting, Jun 05, 2025. Reported Earnings • Apr 17
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: US$5.19 loss per share (further deteriorated from US$1.46 loss in FY 2024). Revenue: US$753.1m (flat on FY 2024). Net loss: US$43.2m (loss widened 260% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 56%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Recent Insider Transactions Derivative • Apr 03
Independent Director notifies of intention to sell stock Jonathan Duskin intends to sell 15k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of April. If the sale is conducted around the recent share price of US$21.42, it would amount to US$321k. Since June 2024, Jonathan has owned 7.07k shares directly. Company insiders have collectively bought US$4.5m more than they sold, via options and on-market transactions, in the last 12 months. Aankondiging • Mar 27
Citi Trends, Inc. Announces Board and Committee Changes, Effective April 2, 2025 Citi Trends, Inc. 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 newly combined role, recognizing his extensive leadership experience and deep understanding of the Company’s operations. Additionally, the Board appointed David Heath to serve as the Lead Independent Director effective April 2, 2025. Additionally, Citi Trends announced the retirement of Peter Sachse from the Board, effective as of April 2, 2025. Mr. Sachse has served Citi Trends in multiple capacities since 2019, including as Interim Chief Executive Officer, Executive Chairman of the Board, and most recently as the Chairman of the Board. The Board also announced the planned retirement of Jonathan Duskin, the Lead Independent Director, Chair of the Board’s Finance Committee and Audit Committee, and a member of the Board’s Compensation Committee, effective as of April 2, 2025. Mr. Duskin, who joined the Board in 2017, will assist with the transitions by serving as a consultant to the Company until September 25, 2025. In addition, Citi Trends announced that it will appoint two new directors—Wesley Calvert and Pamela Edwards—to the Board in connection with the Amended and Restated Cooperation Agreement (the “Agreement”) between the Company and Fund 1 Investments, LLC (“Fund 1”). Under the Agreement, Mr. Calvert will be appointed Chair of the Board’s Finance Committee. Ms. Edwards will be appointed Chair of the Board’s Audit Committee. Following the conclusion of the Company’s 2025 annual meeting of stockholders, the Board will be capped at eight directors for the duration of the Agreement. Major Estimate Revision • Mar 25
Consensus EPS estimates fall by 82% The consensus outlook for fiscal year 2026 has been updated. 2026 expected loss increased from -US$0.805 to -US$1.47 per share. Revenue forecast unchanged at US$779.9m. Specialty Retail industry in the US expected to see average net income growth of 12% next year. Consensus price target down from US$32.50 to US$30.50. Share price fell 3.7% to US$21.34 over the past week. Buy Or Sell Opportunity • Mar 24
Now 22% overvalued Over the last 90 days, the stock has fallen 14% to US$22.34. The fair value is estimated to be US$18.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 3.6% in a year. Earnings are forecast to grow by 74% in the next year. Reported Earnings • Mar 18
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: US$5.19 loss per share (further deteriorated from US$1.46 loss in FY 2024). Revenue: US$753.1m (flat on FY 2024). Net loss: US$43.2m (loss widened 260% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 56%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 18
Citi Trends, Inc. Provides Financial Guidance for the First Quarter and Full Year of Fiscal 2025 Citi Trends, Inc. provides financial guidance for the first quarter and full year of fiscal 2025. For the quarter, the company expects mid-single digit comparable store sales momentum.
For the full year, the company expects comparable store sales growth of low to mid-single digits. Aankondiging • Mar 04
Citi Trends, Inc. to Report Q4, 2025 Results on Mar 18, 2025 Citi Trends, Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 18, 2025 Price Target Changed • Feb 03
Price target decreased by 11% to US$24.50 Down from US$27.67, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$24.39. Stock is down 13% over the past year. The company is forecast to post a net loss per share of US$3.33 next year compared to a net loss per share of US$1.46 last year. Aankondiging • Jan 24
Citi Trends, Inc. Announces Leaving of Vivek Bhargava, Senior Vice President of Supply Chain On January 21, 2025, Citi Trends, Inc. announced that Vivek Bhargava, Senior Vice President of Supply Chain, is leaving the Company, effective January 21, 2025. Mr. Bhargava’s departure was not the result of any disagreement with the Company. Aankondiging • Jan 13
Citi Trends, Inc. Reaffirms Financial Guidance for the Second Half of Fiscal 2024 Citi Trends, Inc. reaffirmed financial guidance for the second half of fiscal 2024. The company is expecting second half comparable store sales to be up low to mid-single digits compared to the second half of fiscal 2023 vs. prior outlook of flat to up low single digits; total sales expected to be flat to down low-single digits due to the 53 week last year and store closures. Recent Insider Transactions Derivative • Dec 27
Director notifies of intention to sell stock Jonathan Duskin intends to sell 12k shares in the next 90 days after lodging an Intent To Sell Form on the 26th of December. If the sale is conducted around the recent share price of US$26.48, it would amount to US$318k. Since June 2024, Jonathan has owned 7.07k shares directly. Company insiders have collectively bought US$4.5m more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Dec 03
Third quarter 2025 earnings: EPS misses analyst expectations Third quarter 2025 results: US$0.86 loss per share (further deteriorated from US$0.47 loss in 3Q 2024). Revenue: US$179.1m (flat on 3Q 2024). Net loss: US$7.15m (loss widened 85% from 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Aankondiging • Dec 03
Citi Trends, Inc. Updates Financial Guidance for the Second Half of Fiscal 2024 Citi Trends, Inc. updated financial guidance for the second half of fiscal 2024. The company is expecting second half comparable store sales to be up low to mid-single digits compared to the second half of fiscal 2023 vs. prior outlook of flat to up low single digits; total sales expected to be flat to down low-single digits due to the 53 week last year and store closures. Aankondiging • Nov 20
Citi Trends, Inc. Appoints Kenneth (Ken) Seipel as Chief Executive Officer Citi Trends Inc. 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. Ken is a Senior Retail Executive with experience in public and private equity backed ownership companies along with Fortune 500 retail company background. A seasoned, multi-functional general manager /leader, with experience in large scale growth, concept development, expansion and business turn-around, Ken most recently served as Interim CEO of Citi Trends and as a member of the Board of Directors of Citi Trends since 2019 serving as the Chairman of the Nominating and Corporate Governance Committee, and member of the Audit and Finance Committee. From 2018 to 2021, Ken served as CEO and co-owner of West Marine, the world’s largest retailer of boating supplies. Ken led a highly successful business turn around leading to a successful transaction, and an over six times return on investment for shareholders. From 2013 through March 2017, Ken served as CEO of Gabriel Brothers Inc. AKA "Gabe's". Under Ken's leadership, the company’s business strategies resulted in a private transaction valued at three times investment. In 2011 and 2012, Ken served as President and COO of Wet Seal Inc. where he stabilized the volatile business, restored cash to the balance sheet, optimized real estate and reduced working capital needs. In late 2009 and 2010, Ken served as Chief Restructuring Officer and Interim CEO at Pamida Stores. Following his business turn around strategies to restore profit and the balance sheet, Pamida was merged as a growth strategy for another retail holding. Prior to 2009, Ken served as the EVP of Operations for North America, at the Old Navy division of Gap, Inc., leading the concept through a time of explosive growth to $7B and over 1,000 stores when the brand developed into the value specialty brand known today. Ken began his career with JCPenney in operations and merchandise buying, in the mid 90's with Target as a leader on the Supercenter development team and later was head of stores and acquisitions for Shopko. Aankondiging • Nov 19
Citi Trends, Inc. to Report Q3, 2025 Results on Dec 03, 2024 Citi Trends, Inc. announced that they will report Q3, 2025 results Pre-Market on Dec 03, 2024 Recent Insider Transactions • Sep 01
Interim CEO & Director recently bought US$360k worth of stock On the 28th of August, Kenneth Seipel bought around 25k shares on-market at roughly US$14.39 per share. This transaction amounted to 9.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$4.1m. Kenneth has been a buyer over the last 12 months, purchasing a net total of US$4.5m worth in shares. Reported Earnings • Aug 28
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: US$2.21 loss per share (further deteriorated from US$0.61 loss in 2Q 2024). Revenue: US$176.6m (up 1.7% from 2Q 2024). Net loss: US$18.4m (loss widened 266% from 2Q 2024). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance. Price Target Changed • Aug 28
Price target decreased by 14% to US$26.67 Down from US$31.00, the current price target is an average from 3 analysts. New target price is 75% above last closing price of US$15.24. Stock is down 33% over the past year. The company is forecast to post a net loss per share of US$3.31 next year compared to a net loss per share of US$1.46 last year. Major Estimate Revision • Aug 28
Consensus EPS estimates fall by 226% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$752.9m to US$741.1m. Losses expected to increase from US$1.02 per share to US$3.31. Specialty Retail industry in the US expected to see average net income growth of 16% next year. Consensus price target down from US$31.00 to US$26.67. Share price fell 2.3% to US$15.24 over the past week. Aankondiging • Aug 27
Citi Trends, Inc. Provides Earnings Guidance for the Second Half of 2024 Citi Trends, Inc. provided earnings guidance for the second half of 2024. The company expecting second half comparable store sales to be flat to up low-single digits compared to second half of fiscal 2023; total sales expected to be down mid-single digits due to the 53rdweek last year and store closures. Aankondiging • Aug 13
Citi Trends, Inc. to Report Q2, 2025 Results on Aug 27, 2024 Citi Trends, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 27, 2024 Recent Insider Transactions • Jul 14
Interim CEO & Director recently bought US$5.4m worth of stock On the 12th of July, Kenneth Seipel bought around 283k shares on-market at roughly US$19.03 per share. This transaction increased Kenneth's direct individual holding by 8x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Kenneth's only on-market trade for the last 12 months. Reported Earnings • Jun 05
First quarter 2025 earnings: EPS exceeds analyst expectations First quarter 2025 results: US$0.41 loss per share (improved from US$0.81 loss in 1Q 2024). Revenue: US$186.3m (up 3.7% from 1Q 2024). Net loss: US$3.43m (loss narrowed 48% from 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 32 percentage points per year, which is a significant difference in performance. Aankondiging • Jun 05
Citi Trends, Inc. Updates Financial Guidance for Fiscal 2024 Citi Trends, Inc. updated fiscal 2024 outlook. Expecting full year comparable store sales growth of low to mid-single digits, a range slightly below its previous outlook. Aankondiging • May 23
Citi Trends, Inc. to Report Q1, 2025 Results on Jun 04, 2024 Citi Trends, Inc. announced that they will report Q1, 2025 results Pre-Market on Jun 04, 2024 Aankondiging • May 11
Citi Trends, Inc., Annual General Meeting, Jun 20, 2024 Citi Trends, Inc., Annual General Meeting, Jun 20, 2024. New Risk • May 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 22
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: US$1.46 loss per share (down from US$7.17 profit in FY 2023). Revenue: US$747.9m (down 5.9% from FY 2023). Net loss: US$12.0m (down 120% from profit in FY 2023). Like-for-like sales growth: Down 6.8% vs FY 2023 Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 36%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, earnings per share has fallen by 42% per year whereas the company’s share price has fallen by 40% per year. Reported Earnings • Mar 20
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: US$1.46 loss per share (down from US$7.17 profit in FY 2023). Revenue: US$747.9m (down 5.9% from FY 2023). Net loss: US$12.0m (down 120% from profit in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 36%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 06
Citi Trends, Inc. to Report Q4, 2024 Results on Mar 19, 2024 Citi Trends, Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 19, 2024 Price Target Changed • Feb 07
Price target increased by 11% to US$31.00 Up from US$28.00, the current price target is an average from 4 analysts. New target price is 5.9% above last closing price of US$29.26. Stock is down 7.7% over the past year. The company is forecast to post a net loss per share of US$1.07 compared to earnings per share of US$7.17 last year. Major Estimate Revision • Jan 10
Consensus EPS estimates upgraded to US$1.07 loss The consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -US$1.24 to -US$1.07 per share. Revenue forecast steady at US$746.8m. Specialty Retail industry in the US expected to see average net income growth of 3.3% next year. Consensus price target up from US$28.00 to US$29.75. Share price rose 7.1% to US$28.69 over the past week. Aankondiging • Jan 08
Citi Trends, Inc. Reaffirms Earnings Guidance for the Fourth Quarter and Fiscal Year 2023 Citi Trends, Inc. reaffirmed earnings guidance for the fourth quarter and fiscal year 2023. for the quarter, the company expects implied fourth quarter total sales are expected to be approximately flat to up low-single digits vs. fourth quarter of 2022 with comp store sales now expected to be in the range of down low-single digits to flat to last year For the year, the company expects total sales to be down mid-single digits as compared to fiscal 2022. Recent Insider Transactions Derivative • Dec 06
Lead Independent Director notifies of intention to sell stock Jonathan Duskin intends to sell 12k shares in the next 90 days after lodging an Intent To Sell Form on the 30th of November. If the sale is conducted around the recent share price of US$23.85, it would amount to US$286k. Since June 2023, Jonathan's direct individual holding has decreased from 15.38k shares to 4.06k. There has only been one transaction (US$261k sale) from insiders over the last 12 months. Reported Earnings • Nov 29
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: US$0.47 loss per share (down from US$3.02 profit in 3Q 2023). Revenue: US$179.5m (down 6.7% from 3Q 2023). Net loss: US$3.86m (down 116% from profit in 3Q 2023). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 14% per year. Aankondiging • Nov 29
Citi Trends, Inc. Updates Financial Guidance for the Fiscal 2023 Citi Trends, Inc. updated financial guidance for the fiscal 2023. For the period, the company's total sales are expected to be down mid-single digits as compared to previous year. Aankondiging • Nov 15
Citi Trends, Inc. to Report Q3, 2024 Results on Nov 28, 2023 Citi Trends, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 28, 2023 Recent Insider Transactions • Aug 31
Lead Independent Director recently sold US$261k worth of stock On the 29th of August, Jonathan Duskin sold around 11k shares on-market at roughly US$23.04 per share. This transaction amounted to 74% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$131k more than they bought in the last 12 months. Recent Insider Transactions Derivative • Aug 31
Lead Independent Director notifies of intention to sell stock Jonathan Duskin intends to sell 6k shares in the next 90 days after lodging an Intent To Sell Form on the 28th of August. If the sale is conducted around the recent share price of US$23.02, it would amount to US$138k. Since June 2023, Jonathan has owned 15.38k shares directly. Company insiders have collectively bought US$129k more than they sold, via options and on-market transactions, in the last 12 months. 