Citi Trends (CTRN) Q2 2026 Earnings Call Transcript

Citi Trends (CTRN) reported strong Q2 2026 results on an Aug. 25 earnings call, with total sales of $211.6 million, up 10.9% year over year, driven by higher average baskets and transaction counts. Comparable store sales rose 10.5% for the eighth straight quarter, and the two-year stack comparable metric grew 19.7% over the prior 24 months. Adjusted EBITDA improved to $5.5 million, reversing an adjusted EBITDA loss of $1.1 million in Q2 2025. Gross margin expanded to 40.6%. The company ended the quarter with $55.9 million in cash, no debt, and no borrowings on its $75 million credit facility. Guidance was raised for full-year sales, comps, and adjusted EBITDA.