By Nicholas G. Miller
Citi Trends reported higher third-quarter sales across its business boosted primarily by increased traffic.
The discount clothing chain posted a loss of $6.89 million, compared with a loss of $7.15 million the year before. On a per-share basis, the company's loss came in at 86 cents a share, in line with the previous year.
Sales rose 10% to $197.1 million. Comparable store sales rose 11%, driven by increases in traffic, basket and conversion.
The company said it now expects full-year comparable store sales growth of high-single digits, on the high end of its previous outlook.
Chief Executive Ken Seipel said higher traffic was driving the majority of the company's sales growth, which spanned all store volume groups, geographies and product categories.
Seipel said the company saw strong back-to-school sales and a positive customer response to its elevated brands and fashion for the fall and its early holiday assortments.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
December 02, 2025 07:09 ET (12:09 GMT)
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