Company Quick10K Filing
Citi Trends
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 12 $215
10-Q 2019-12-06 Quarter: 2019-11-02
10-Q 2019-09-09 Quarter: 2019-08-03
10-Q 2019-06-10 Quarter: 2019-05-04
10-K 2019-04-17 Annual: 2019-02-02
10-Q 2018-12-10 Quarter: 2018-11-03
10-Q 2018-09-06 Quarter: 2018-08-04
10-Q 2018-06-11 Quarter: 2018-05-05
10-K 2018-04-18 Annual: 2018-02-03
10-Q 2017-12-04 Quarter: 2017-10-28
10-Q 2017-08-28 Quarter: 2017-07-29
10-Q 2017-05-30 Quarter: 2017-04-29
10-K 2017-04-03 Annual: 2017-01-28
10-Q 2016-12-05 Quarter: 2016-10-29
10-Q 2016-08-29 Quarter: 2016-07-30
10-Q 2016-05-31 Quarter: 2016-04-30
10-K 2016-04-13 Annual: 2016-01-30
10-Q 2015-12-07 Quarter: 2015-10-31
10-Q 2015-08-31 Quarter: 2015-08-01
10-Q 2015-06-09 Quarter: 2015-05-02
10-K 2015-04-15 Annual: 2015-01-31
10-Q 2014-12-08 Quarter: 2014-11-01
10-Q 2014-09-03 Quarter: 2014-08-02
10-Q 2014-06-10 Quarter: 2014-05-03
10-K 2014-04-16 Annual: 2014-02-01
10-Q 2013-09-04 Quarter: 2013-08-03
10-Q 2013-06-11 Quarter: 2013-05-04
10-K 2013-04-17 Annual: 2013-02-02
10-Q 2012-12-05 Quarter: 2012-10-27
10-Q 2012-08-29 Quarter: 2012-07-28
10-Q 2012-05-30 Quarter: 2012-04-28
10-K 2012-04-11 Annual: 2012-01-28
10-Q 2011-12-06 Quarter: 2011-10-29
10-Q 2011-08-26 Quarter: 2011-07-30
10-Q 2011-05-27 Quarter: 2011-04-30
10-K 2011-04-13 Annual: 2011-01-29
10-Q 2010-12-06 Quarter: 2010-10-30
10-Q 2010-08-27 Quarter: 2010-07-31
10-Q 2010-05-28 Quarter: 2010-05-01
10-K 2010-04-14 Annual: 2010-01-30
8-K 2020-03-20 Other Events, Exhibits
8-K 2020-03-20 Off-BS Arrangement, Exhibits
8-K 2020-03-19 Regulation FD, Other Events, Exhibits
8-K 2020-02-17 Officers, Exhibits
8-K 2020-02-02 Earnings, Officers, Other Events, Exhibits
8-K 2020-01-13 Earnings, Officers, Regulation FD, Exhibits
8-K 2019-11-26 Earnings, Officers, Other Events, Exhibits
8-K 2019-09-30 Officers, Exhibits
8-K 2019-08-26 Officers
8-K 2019-08-22 Earnings, Exhibits
8-K 2019-06-06 Officers, Shareholder Vote, Exhibits
8-K 2019-05-23 Earnings, Exhibits
8-K 2019-04-11 Enter Agreement, Officers, Exhibits
8-K 2019-03-15 Earnings, Exhibits
8-K 2019-01-14 Earnings, Regulation FD, Exhibits
8-K 2018-11-30 Earnings, Other Events, Exhibits
8-K 2018-08-23 Earnings, Exhibits
8-K 2018-06-06 Officers, Amend Bylaw, Shareholder Vote, Exhibits
8-K 2018-05-23 Earnings, Exhibits
8-K 2018-03-20 Amend Bylaw, Exhibits
8-K 2018-03-15 Earnings, Officers, Other Events, Exhibits
8-K 2018-01-08 Earnings, Exhibits

Citi Trends Financials

CTRN Metrics, Comps, Filings

Annual | Quarterly

Business

We are a value-priced retailer of urban fashion apparel and accessories for the entire family. Our merchandise offerings are designed to appeal to the fashion preferences of value-conscious consumers, particularly African-Americans. We believe that we provide merchandise at compelling values. Our goal is to provide merchandise at discounts to department and specialty stores’ regular prices of 20% to 70%. Our stores average approximately 11,000 square feet of selling space and are typically located in neighborhood shopping centers that are convenient to low and moderate income customers. As of February 2, 2019, we operated 562 stores in both urban and rural markets in 32 states.

Our predecessor, Allied Department Stores, was founded in 1946 and grew into a chain of family apparel stores operating in the Southeast. In 1999, the Company, then consisting of 85 stores, was acquired by a private equity firm. Following this acquisition, management implemented several strategies to focus on the growing urban market and improve our operating and financial performance. After the successful implementation of these strategies and the successful growth of our chain from 85 stores to 212 stores, we completed an initial public offering of our common stock on May 18, 2005.

Our goal is to be the leading value-priced retailer of urban fashion apparel and accessories. We believe the following business strengths differentiate us from our competitors and are important to our success:


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Genesco (GCO) 633,015 48% 45.3 -2% 1,785,492 1,212,044 2,194,978 1,061,306 -38,149 14,487 656,703
Chico's FAS (CHS) 468,553 34% 9.9 -2% 1,600,370 1,057,255 2,035,518 689,192 -25,047 44,829 444,615
Shoe Carnival (SCVL) 480,955 30% 6.9 6% 647,712 346,964 1,031,334 308,635 40,790 64,992 447,248
Lands' End (LE) 369,985 43% 15.9 1% 1,161,842 841,357 1,402,975 598,437 9,985 51,461 818,971
Cato (CATO) 410,896 38% 4.9 9% 651,163 319,454 826,890 314,378 60,362 78,386 387,525
Duluth Holdings (DLTH) 278,939 53% 8.1 3% 518,117 365,139 606,516 322,338 15,166 37,298 303,397
Tilly's (TLYS) 286,282 30% 4.4 5% 544,833 363,290 617,433 186,731 25,026 49,671 218,686
Tailored Brands (TLRD) 217,607 41% 12.3 -2% 2,540,391 2,604,877 3,086,117 1,262,917 -41,964 106,855 1,317,146
Citi Trends (CTRN) 218,125 0% 6.8 2% 442,250 261,603 772,070 0 7,081 28,688 194,394
Express (EXPR) 183,155 27% 0.4 -1% 2,077,914 1,528,912 2,040,895 559,871 -23,830 37,229 15,240
Vince Holding (VNCE) 229,661 50% 25.8 1% 324,922 248,228 212,877 106,524 1,982 10,698 276,491
Ascena Retail Group (ASNA) 49,850 55% -3.9 -18% 3,491,000 3,318,000 5,709,800 3,167,600 -635,600 -299,500 1,158,050
Destination Xl Group (DXLG) 75,523 43% 65.0 -4% 425,040 368,301 473,949 204,803 -17,463 1,305 84,860
Francesca's Holdings (FRAN) 43,184 38% 43.3 -5% 373,781 315,841 389,005 146,711 -17,357 945 40,934
Stein Mart (SMRT) 37,561 27% 12.3 -1% 839,343 807,436 1,240,593 337,477 -5,774 15,966 195,608
Stage Stores (SSI) 60,083 22% -13.6 -7% 1,173,713 1,010,210 1,137,662 249,365 -87,338 -29,234 398,938
Destination Maternity (DEST) 18,211 52% 42.0 -5% 265,139 243,713 363,242 188,124 -13,921 1,007 42,253
Christopher & Banks (CBK) 13,447 24% -0.7 -11% 200,661 187,958 345,017 82,014 -22,883 -16,036 11,297
RTW Retailwinds (RTW) 29% 3.1 -4% 486,431 430,014 850,241 249,177 -21,388 -21,254 -65,565
Designer Brands (DBI) 28% 1.0 2% 2,536,978 1,793,797 3,553,492 983,375 56,335 153,781 147,162

Balance Sheet ($'000)2012-01-312013-01-312014-01-312015-01-312016-01-312017-01-312018-01-312019-01-31
Cash41,98637,26358,92874,51439,11649,25348,45117,863
Accounts Receivable
Inventory131,526141,473126,501131,057137,020134,649137,701139,841
PP&E90,54170,99556,15447,60350,63259,28061,77756,224
Assets314,777292,145291,308318,373314,508332,514327,071297,989
Accounts Payable78,94162,69060,03772,24567,41975,43375,94773,391
Long-Term Debt
Liabilities118,37496,17492,437107,751102,274108,923117,603110,564
Stockholders' Equity196,403195,971198,871210,622212,234223,591209,468187,425
Income Statement ($'000)2012-01-312013-01-312014-01-312015-01-312016-01-312017-01-312018-01-312019-01-31
Revenue640,824654,653622,204670,840683,791695,175755,241769,553
Cost of Revenue420,321426,904
Gross Profit220,503227,749
R&D
SG&A207,025207,411206,146221,041224,218230,666247,062247,938
Tax-7,816-2,516-7541,4257,0884,7208,9264,954
Net Income14,57421,374
Cash Flow ($'000)2012-01-312013-01-312014-01-312015-01-312016-01-312017-01-312018-01-312019-01-31
Cash Operating22,1032,34235,36840,32627,48839,74342,30430,410
Cash Investing-48,388-6,115-12,784-23,518-44,865-24,667-12,777-15,343
Cash Financing-960-950-919-1,222-18,021-4,939-30,329-45,655