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Citi Trends

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Citi Trends is a value-priced retailer of urban fashion apparel, shoes, accessories and home décor for the entire family. Our merchandise offerings are designed to appeal to the preferences of fashion & value conscious consumers. Our goal is to provide nationally recognized branded merchandise at discounts off department and specialty stores’ regular prices of 20% to 70%.
Citi Trends buyers source merchandise from over 1600 vendors to deliver quality fashion product at outstanding value for our customers.
In May 2005, Citi Trends became a publicly traded company on the Nasdaq exchange with the symbol CTRN.
Citi Trends' headquarters are located in Savannah, Georgia. In addition to the corporate office in Savannah, we have one distribution center in Darlington, South Carolina and another in Roland, Oklahoma. We have buying offices in New York City and Los Angeles. We operate 515 stores in 31 states and employ approximately 4500 people.

Revenue(Q1, 2017)
$200 M
Market capitalization(2017-08-17)
$258.5 M
Stores(Q1, 2017)
538
Company Growth (employees)
Type
Public
HQ
Savannah, US
Founded
1946
Size (employees)
2,600 (est)
Website
cititrends.com
Citi Trends was founded in 1946 and is headquartered in Savannah, US

Citi Trends Office Locations

Citi Trends has an office in Savannah
Savannah, US (HQ)
104 Coleman Blvd

Citi Trends Data and Metrics

Citi Trends Financial Metrics

Citi Trends's revenue was reported to be $200 m in Q1, 2017
USD

Revenue (Q1, 2017)

200 m

Gross profit (Q1, 2017)

322.3 m

Gross profit margin (Q1, 2017), %

161%

Net income (Q1, 2017)

8.9 m

EBIT (Q1, 2017)

12.8 m

Market capitalization (17-Aug-2017)

258.5 m

Cash (29-Apr-2017)

73 m
Citi Trends's current market capitalization is $258.5 m.
USDFY, 2013FY, 2014FY, 2015FY, 2017

Revenue

622.2 m670.8 m683.8 m695.2 m

Revenue growth, %

8%2%

Cost of goods sold

394.4 m418.4 m416.8 m(428.2 m)

Gross profit

227.8 m252.4 m267 m1.1 b

Gross profit Margin, %

37%38%39%162%

General and administrative expense

(230.7 m)

Operating expense total

(230.7 m)

EBIT

(377 k)11.1 m24.2 m18.9 m

EBIT margin, %

(0%)2%4%3%

Interest expense

194 k200 k242 k(159 k)

Interest income

281 k187 k339 k571 k

Pre tax profit

(290 k)11.1 m24.3 m19.4 m

Income tax expense

(754 k)(2.1 m)(8.8 m)(6 m)

Net Income

464 k9 m15.5 m13.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

145 m156.7 m194.9 m153.9 m158.9 m193.7 m155.3 m160.7 m200 m

Cost of goods sold

(91.5 m)(98.5 m)(117.5 m)(93.2 m)(97.6 m)(117.8 m)(95.2 m)(100.4 m)(122.4 m)

Gross profit

236.5 m255.2 m312.4 m247.1 m256.5 m311.5 m250.4 m261.1 m322.3 m

Gross profit Margin, %

163%163%160%161%161%161%161%162%161%

General and administrative expense

(53.2 m)(56.4 m)(55.8 m)(55.7 m)(55.6 m)(58.3 m)(56.1 m)(57.6 m)(60.5 m)

Operating expense total

(53.2 m)(56.4 m)(55.8 m)(55.7 m)(55.6 m)(58.3 m)(56.1 m)(57.6 m)(60.5 m)

EBIT

(4.9 m)(3.2 m)16.8 m376 k1.2 m12.9 m(273 k)(1.6 m)12.8 m

EBIT margin, %

(3%)(2%)9%0%1%7%(0%)(1%)6%

Interest expense

(56 k)(48 k)(47 k)(47 k)(107 k)(40 k)(41 k)(39 k)(37 k)

Interest income

39 k43 k56 k59 k107 k127 k135 k146 k186 k

Pre tax profit

16.8 m388 k13 m(179 k)(1.5 m)12.9 m

Income tax expense

(2.4 m)1 m(5.5 m)(226 k)(553 k)(4.2 m)59 k648 k(4 m)

Net Income

(2.6 m)(2.2 m)11.3 m162 k614 k8.7 m(120 k)(836 k)8.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2017

Cash

58.9 m74.5 m39.1 m49.3 m

Accounts Receivable

36.2 m

Inventories

126.5 m131.1 m137 m134.6 m

Current Assets

207.8 m241.4 m227.1 m237.3 m

PP&E

56.2 m47.6 m50.6 m59.3 m

Total Assets

291.3 m318.4 m314.5 m332.5 m

Accounts Payable

60 m72.2 m67.4 m75.4 m

Dividends Payable

42 k42 k

Current Liabilities

84.8 m102 m95.7 m100.4 m

Total Liabilities

108.9 m

Additional Paid-in Capital

82.8 m88.5 m90 m

Retained Earnings

116.1 m125 m138.7 m148.6 m

Total Equity

198.9 m210.6 m212.2 m223.6 m

Financial Leverage

1.5 x1.5 x1.5 x1.5 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

70.7 m66 m86.8 m54.4 m41.6 m53 m39.6 m37 m73 m

Inventories

120.5 m128.5 m116.2 m126.3 m129.4 m123.3 m132.1 m130.8 m124.5 m

Current Assets

223.3 m227.2 m241.6 m224.5 m223.4 m230.1 m226.1 m220.4 m245.6 m

PP&E

49.8 m

Total Assets

301.1 m308 m313.9 m316 m312.9 m313.5 m313.4 m313.3 m340.4 m

Accounts Payable

58.8 m63.5 m57 m59.4 m58.2 m60.1 m62 m59.1 m71.5 m

Dividends Payable

22 k42 k42 k42 k

Current Liabilities

88.1 m96.7 m86.2 m86.8 m90.3 m87 m86.6 m86.8 m101.1 m

Additional Paid-in Capital

87.6 m88.2 m88.9 m89.5 m89.5 m

Retained Earnings

122.6 m120.4 m136.3 m136.5 m136.2 m146.6 m145.6 m143.9 m156.6 m

Total Equity

206.4 m205 m222.1 m223.2 m216.5 m219.8 m219.5 m218.4 m231 m

Financial Leverage

1.5 x1.5 x1.4 x1.4 x1.4 x1.4 x1.4 x1.4 x1.5 x
USDFY, 2013FY, 2014FY, 2015FY, 2017

Net Income

464 k9 m15.5 m13.3 m

Depreciation and Amortization

(22 m)(20.2 m)(18.6 m)(17.1 m)

Inventories

15 m(4.6 m)(6 m)134.6 m

Accounts Payable

(2.7 m)12.1 m(5 m)75.4 m

Cash From Operating Activities

35.4 m40.3 m27.5 m

Purchases of PP&E

(8.5 m)(11 m)(19.6 m)

Cash From Investing Activities

(12.8 m)(23.5 m)(44.9 m)

Cash From Financing Activities

(919 k)(1.2 m)(18 m)

Interest Paid

127 k134 k127 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(2.6 m)(2.2 m)11.3 m162 k614 k8.7 m(120 k)(836 k)8.9 m

Depreciation and Amortization

(5.1 m)(5 m)(4.8 m)(4.6 m)(4.6 m)(4.4 m)(4.3 m)(4.2 m)(4.3 m)

Inventories

120.5 m128.5 m129.4 m123.3 m132.1 m130.8 m124.5 m

Accounts Payable

58.8 m63.5 m58.2 m60.1 m62 m59.1 m71.5 m
Y, 2017

Financial Leverage

1.5 x

Citi Trends Operating Metrics

Citi Trends's Stores was reported to be 538 in Q1, 2017
FY, 2015Q1, 2015Q2, 2015Q3, 2015FY, 2016Q1, 2016Q2, 2016Q3, 2016FY, 2017Q1, 2017

Stores

511515518520521526530533533538

Retail Space, sq ft

5.54 m5.68 m5.84 m

Vendors

1.6 k1.7 k1.8 k

    Citi Trends Market Value History

    Market Position of Citi Trends

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    Traffic Overview of Citi Trends

    Citi Trends Online and Social Media Presence

    Citi Trends Company Life and Culture

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