Sector: Consumer Cyclicals | Industry: Apparel & Accessories Retailers |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 104 Coleman Blvd SAVANNAH GA 31408 |
Tel: | N/A |
Website: | https://cititrends.com |
IR: | See website |
Key People | ||
Peter R. Sachse Executive Chairman of the Board | David N. Makuen Chief Executive Officer, Director | Heather Plutino Chief Financial Officer, Executive Vice President, Principal Accounting Officer |
Lisa A. Powell Executive Vice President and Chief Merchandising Officer | Vivek Bhargava Senior Vice President - Supply Chain |
Business Overview |
Citi Trends, Inc. is a specialty retailer of apparel, accessories and home trends primarily for African American and multicultural families in the United States. It operates over 611 stores in urban, suburban and rural markets in 33 states. It offers range of merchandise, including apparel for juniors, missy and women (plus size), including fashion sportswear, outerwear, sleepwear, lingerie and scrubs. It offers apparel for men and big men, including fashion sportswear and outerwear and fashion clothing for boys and girls up to size 20 and sizes for newborns, infants and toddlers, as well as kids uniforms and kids accessories. It also provides fashionable handbags, luggage, hats, belts, sunglasses, jewelry and watches for men and women, as well as basic undergarments for the entire family and beauty and fragrance offerings for women and men; home goods for the bedroom, bathroom, kitchen and decorative accessories, and casual and dress footwear in sizes for men, ladies and kids. |
Financial Overview |
For the fiscal year ended 03 February 2024, Citi Trends, Inc. revenues decreased 6% to $747.9M. Net loss totaled $12M vs. income of $58.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Selling/General/Admin. Expense increase of 2% to $284.5M (expense), Asset impairment increase from $0K to $1.1M (expense). |
Employees: | 2,700 as of Jan 28, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | N/A |
Annual revenue (TTM): | $747.94M as of Feb 3, 2024 |
EBITDA (TTM): | $0.59M as of Feb 3, 2024 |
Net annual income (TTM): | -$11.98M as of Feb 3, 2024 |
Free cash flow (TTM): | N/A |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 8,544,345 as of Feb 3, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |