Citi Trends reported Q1 FY25 sales of $201.7 million, up 8.3 per cent from Q1 FY24, with comparable store sales increasing 9.9 per cent.
Growth was driven by higher traffic, basket size, and conversion.
Gross margin rose to 39.6 per cent from 38.7 per cent, and SG&A expenses leveraged 270 basis points.
The company continues its strategic transformation with strong Q2 sales momentum.
Growth was driven by higher traffic, basket size, and conversion.
Gross margin rose to 39.6 per cent from 38.7 per cent, and SG&A expenses leveraged 270 basis points.
The company continues its strategic transformation with strong Q2 sales momentum.