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Stock impact report

Citi Trends Details Turnaround at Conference, Targets $45M EBITDA and 650 Stores by 2027 [Yahoo! Finance]

Citi Trends, Inc. (CTRN) 
Last citi trends, inc. earnings: 5/23 06:45 am Check Earnings Report
US:NASDAQ Investor Relations: ir.cititrends.com
Company Research Source: Yahoo! Finance
itself as the only off-price retailer focused on African-American customers with a three-tier assortment strategy to drive frequency. Management is targeting approximately $45 million of EBITDA in 2027 , about $900 million in sales and roughly 650 stores by the end of 2027 , driven by consistent 6–8% annual store sales gains and category expansion. The company is debt-free with ~ $140 million total liquidity, plans ~$45 million of capital spending in 2026–27 for remodels and new stores, and is using AI-driven site selection and allocation tools to replicate high-performing store profiles and improve margins. Interested in Citi Trends, Inc.? Here are five stocks we like better. Citi Trends (NASDAQ:CTRN) outlined its ongoing turnaround strategy and growth targets during a presentation led by Chairman and CEO Ken Seipel alongside CFO Heather Plutino and Chief Merchandising Officer Lisa Powell. The event was hosted by D.A. Davidson consumer analyst Mike Baker, who introduced the c Show less Read more
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