Citi Trends, Inc. reported preliminary results for the second quarter showing sales increased 10.9 percent to $211.6 million. Comparable store sales increased 10.5 percent year-over-year, or 19.7 percent on a two-year basis.
For the year-to-date period through Q2 2026, preliminary unaudited sales are $442.5 million with comparable store sales growth of 12.2 percent, or 21.8 percent on a two-year basis.
The retailer released its preliminary results because it is presenting at a D. A. Davidson conference.
Ken Seipel, chief executive officer, said: “Our second quarter preliminary unaudited sales results, including 10.5 percent comparable store sales growth, demonstrate that our strategic transformation is working. Customers are responding to our enhanced merchandise assortments and improved value proposition, while our teams remain focused on disciplined execution, converting sales into profit, and accelerating growth. This approach is driving continuation of our two-year comparable store sales trend of approximately 20 percent into the early back-to-school season.
“During the quarter we delivered sales increases to last year in every merchandise category due to an elevated focus on improved value equation on wear-now product for the summer season, which in turn drove consistent transaction and basket growth in each month. Importantly, this marks our eighth consecutive quarter of comparable store sales growth, demonstrating the consistency and durability of our strategy. Our unwavering commitment to the Black consumer remains at the center of everything we do, and we are building long-term shareholder value while staying true to our purpose of serving the neighborhoods that depend on us. We look forward to sharing additional details on our earnings call on August 25, 2026.”
Image courtesy Citi Trends
