<span item_type="fundamental" item_id="f0b4cab86790ad3ed074f6d81ad8b53a" counter_id="ST/US/CTRN" env="prod"></span><span item_type="announcement" item_id="592214377882783617" env="prod"></span><p>Revenue: As of FY2026 Q3, the actual value is USD 197.09 M, beating the estimate of USD 187.33 M.</p><p>EPS: As of FY2026 Q3, the actual value is USD -0.86, missing the estimate of USD -0.855.</p><p>EBIT: As of FY2026 Q3, the actual value is USD -7.794 M.</p><p></p><h3>Financial Metrics by Segment</h3><h4>Net Sales</h4><ul><li>Net sales for the third quarter of 2025 increased by $18.0 million, or 10.1%, to $197.1 million from $179.1 million in the third quarter of 2024. Comparable store sales increased by 10.8%, resulting in an increase of $19.1 million in sales. Net store opening and closing activity resulted in a net decrease of $1.1 million in sales.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li><li>Net sales for the first thirty-nine weeks of 2025 increased by $47.7 million, or 8.8%, to $589.6 million from $541.9 million in the same period of 2024. Comparable store sales increased by 10.0%, resulting in an increase of $53.2 million in sales. Net store opening and closing activity resulted in a net decrease of $5.5 million in sales.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li></ul><h4>Cost of Sales (exclusive of depreciation)</h4><ul><li>Cost of sales for the third quarter of 2025 increased by $12.7 million, or 11.7%, to $120.5 million from $107.8 million in the third quarter of 2024. Cost of sales as a percentage of sales was 61.1% in the third quarter of 2025 and 60.2% in the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li><li>Cost of sales for the first thirty-nine weeks of 2025 increased by $13.2 million, or 3.8%, to $356.9 million from $343.7 million in the same period of 2024. Cost of sales as a percentage of sales decreased to 60.5% in the first thirty-nine weeks of 2025 from 63.4% in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li></ul><h4>Selling, General and Administrative Expenses</h4><ul><li>Selling, general and administrative expenses for the third quarter of 2025 increased by $4.6 million, or 6.2%, to $79.3 million from $74.7 million in the third quarter of 2024. As a percentage of sales, these expenses decreased to 40.3% in the third quarter of 2025 from 41.7% in the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li><li>Selling, general and administrative expenses for the first thirty-nine weeks of 2025 increased by $10.4 million, or 4.7%, to $233.1 million from $222.7 million in the same period of 2024. As a percentage of sales, these expenses decreased to 39.5% in the first thirty-nine weeks of 2025 from 41.1% in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li></ul><h4>Depreciation</h4><ul><li>Depreciation expense for the third quarter of 2025 decreased by $0.2 million, or 2.7%, to $4.6 million from $4.8 million in the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li><li>Depreciation expense for the first thirty-nine weeks of 2025 decreased by $0.8 million, or 5.5%, to $13.5 million from $14.3 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li></ul><h4>Impairment</h4><ul><li>No non-cash impairment expense was incurred in the third quarter of 2025. Non-cash impairment expense related to underperforming stores totaled $0.6 million in the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li><li>Non-cash impairment expense related to underperforming stores totaled $0.3 million in the first thirty-nine weeks of 2025, compared to $1.8 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li></ul><h4>Gain on Sale of Building</h4><ul><li>Gain on sale of the corporate office building was $11.0 million in the first thirty-nine weeks of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li></ul><h4>Income Tax Benefit</h4><ul><li>There was no income tax benefit in the third quarter of 2025 compared to a benefit of $1.3 million in the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li><li>There was no income tax benefit in the first thirty-nine weeks of 2025 compared to $10.0 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li></ul><h4>Net Income (Loss)</h4><ul><li>Net loss was $6.9 million in the third quarter of 2025 compared to a net loss of $7.2 million in the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li><li>Net loss was $2.2 million in the first thirty-nine weeks of 2025 compared to a net loss of $29.0 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li></ul><h4>Cash Flow</h4><ul><li>Net cash provided by operating activities was $1.5 million in the first thirty-nine weeks of 2025 compared to net cash used in operating activities of $32.3 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li><li>Cash used in investing activities was $4.3 million in the first thirty-nine weeks of 2025 compared to $7.6 million in the same period last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li><li>Cash used in financing activities was $7.1 million in the first thirty-nine weeks of 2025 compared to $0.9 million in the same period last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company plans to maintain adequate liquidity to prioritize investments in opportunities to profitably grow its business and maintain current operations. Capital expenditures in fiscal 2025 are anticipated to be approximately $23 million, primarily for the opening of three new stores and remodeling existing stores, combined with ongoing investments in systems.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li><li><strong>Non-Core Business</strong>: The company returned $6.3 million to stockholders through share repurchases in the first thirty-nine weeks of fiscal 2025. At November 1, 2025, $40.0 million remained under the company’s stock repurchase authorization.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1318484/000110465925119960/ctrn-20251101x10q.htm"></span></li></ul>

Citi Trend | 10-Q: FY2026 Q3 Revenue Beats Estimate at USD 197.09 M