Citi Trends has delivered a stronger Q3, with sales up 10.1 per cent and comparable store sales rising 10.8 per cent on improved traffic and conversion.
Gross margin dipped due to freight timing, while SG&A rose with higher incentive costs.
Net loss was stable and adjusted EBITDA improved.
With solid year-to-date gains, the retailer raised its 2025 outlook.
Gross margin dipped due to freight timing, while SG&A rose with higher incentive costs.
Net loss was stable and adjusted EBITDA improved.
With solid year-to-date gains, the retailer raised its 2025 outlook.
