India, June 3 -- Specialty value retailer Citi Trends, Inc. (CTRN) reported Tuesday a profit in its first quarter, compared to prior year's loss, benefited by higher sales and comparable store sales. Further, the firm lifted its fiscal 2025 outlook for EBITDA view and comparable store sales growth.
In the pre-market activity on the Nasdaq, Citi Trends shares were gaining around 13 percent to trade at $30.52.
Ken Seipel, Chief Executive Officer said, "The tide is rising on all fronts at Citi Trends with all retail metrics trending positively and growth in both apparel and non-apparel, in all climate zones, and in all store volumes. Our sales momentum has continued with Q2 '25 quarter-to-date comparable store sales growth trending in the mi...