Breakdown | |||||
TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
753.08M | 747.94M | 795.01M | 991.60M | 783.29M | 781.92M | Gross Profit |
272.47M | 285.12M | 310.99M | 407.53M | 311.68M | 297.19M | EBIT |
-39.49M | -19.45M | 12.25M | 79.52M | 31.93M | 18.55M | EBITDA |
-15.68M | 3.41M | 148.24M | 150.40M | 99.67M | 83.97M | Net Income Common Stockholders |
-43.17M | -11.98M | 58.89M | 62.24M | 23.98M | 16.50M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
74.38M | 79.71M | 103.50M | 49.79M | 123.18M | 47.48M | Total Assets |
293.00M | 518.72M | 544.26M | 474.02M | 494.59M | 459.14M | Total Debt |
0.00 | 234.65M | 267.60M | 216.11M | 192.81M | 178.26M | Net Debt |
-69.63M | 154.95M | 164.10M | 166.32M | 69.63M | 158.34M | Total Liabilities |
97.09M | 361.01M | 377.81M | 357.88M | 330.96M | 288.10M | Stockholders Equity |
195.91M | 157.71M | 166.44M | 116.14M | 163.63M | 171.04M |
Cash Flow | Free Cash Flow | ||||
-39.95M | -24.45M | -16.53M | 44.61M | 93.90M | 18.43M | Operating Cash Flow |
-32.35M | -9.58M | 5.75M | 74.32M | 110.86M | 42.61M | Investing Cash Flow |
-7.61M | -13.36M | 60.18M | -29.52M | 26.70M | -7.61M | Financing Cash Flow |
-880.00K | -854.00K | -12.23M | -118.19M | -34.30M | -32.94M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
78 Outperform | $140.12B | 29.45 | 61.98% | 1.20% | 3.95% | ― | |
76 Outperform | $4.19B | 10.61 | 17.56% | ― | 7.71% | 40.01% | |
75 Outperform | $42.60B | 20.44 | 40.28% | 1.15% | 3.69% | 13.71% | |
70 Outperform | $14.89B | 30.24 | 42.55% | ― | 9.33% | 50.05% | |
59 Neutral | $12.18B | 11.09 | -1.08% | 3.77% | 1.26% | -19.82% | |
55 Neutral | $169.93M | ― | -31.87% | ― | 0.69% | -254.98% | |
45 Neutral | $66.06M | ― | -22.43% | ― | -3.10% | -381.92% |
On March 25, 2025, Citi Trends, Inc. entered into an Amended and Restated Cooperation Agreement with Fund 1 Investments, LLC, leading to significant changes in its Board of Directors. The agreement resulted in the appointment of Wesley Calvert and Pamela Edwards as new directors, with Calvert becoming Chair of the Finance Committee and Edwards Chair of the Audit Committee. Additionally, Kenneth D. Seipel was named Chairman of the Board, and David Heath was appointed as Lead Independent Director, effective April 2, 2025. The agreement includes a standstill provision and voting commitments from Fund 1 Investments, aiming to enhance shareholder value and support the company’s strategic initiatives. The company also announced expected strong growth in Q1 2025 comparable store sales, driven by increased customer traffic and basket size, indicating positive market reception of its product and service strategies.
Citi Trends announced strong holiday sales results for the period ending January 4, 2025, with total sales reaching $174.4 million, which is at the high end of expectations. The company reported a 7.1% increase in comparable store sales, driven by enhanced product offerings and improved operational processes. As a result, Citi Trends expects its sales and EBITDA for the second half of fiscal 2024 to be at the high end of their previously provided outlook. The company reaffirmed its fiscal guidance and highlighted the success of its team-based execution strategy, indicating a strong belief in its potential to deliver improved financial results.