Citi Trends (NASDAQ:CTRN) reported a sharply stronger first quarter for fiscal 2026, with management pointing to broad-based comparable sales gains, improved margins and expense leverage as evidence that its turnaround strategy is gaining traction.
Chief Executive Officer Ken Seipel opened the company’s earnings call by calling the quarter “excellent,” saying momentum from 2025 carried into the new fiscal year. He said nearly every metric accelerated in the first quarter and that early second-quarter comparable sales were running in the high single digits.
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