Citi Trends Q1 2026 sales up 14.4% to $230.9M; adjusted EBITDA more than doubles

Citi Trends reported strong first quarter results with comparable store sales growth of 13.9% and adjusted EBITDA of $13.9 million, driven by increased customer traffic and basket size. The company reaffirmed its 2026 adjusted EBITDA outlook of $35-40 million and plans to open 25 new stores, supported by a debt-free balance sheet and improving profitability.