Citi Trends Said Total Sales For Nine-week Holiday Reached $191.2M, Up 9.6% YoY; Comparable Store Sales Increased 9.3% Versus 2024 With A Two-year Stack Of 16.4%

• Total sales of $780.8 million for the year-to-date period ending January 3, 2026 with comparable store sales growth of 9.8%; Two-year stack of 13.3%
• Company reaffirms previously provided outlook and expects year-end cash balance of approximately $65 million

Fiscal 2025 Outlook

The Company is reaffirming its previously provided outlook for Fiscal 2025 as follows:

• Expecting full year comparable store sales to be up high-single digits
• Full year gross margin is expected to expand approximately 230 basis points vs. 2024
• SG&A is expected to leverage approximately 90 basis points vs. 2024
• Full year EBITDA* is expected to be in the range of $10 million to $12 million, a $24 million to $26 million improvement vs. 2024
• Expecting 2025 effective tax rate of approximately 0%
• For the year, the Company will open 3 new stores, close 4 locations and remodel 62 stores
• Capital expenditures for the full year are expected to be approximately $23 million
• Year-end cash balance is expected to be approximately $65 million

The Company is also reaffirming its prior comments about the outlook for the fourth quarter of Fiscal 2025 as follows:

The Company's implied fourth quarter comparable store sales are expected to be up high-single digits vs. Q4 2024. Q4 gross margin is expected to be in the range of 40% to 41% and SG&A is expected to be approximately $82 million. Q4 EBITDA* is expected to be in the range of $10 million to $12 million.