Citi Trends Statistics and Facts for 2024
Last Updated on: January 6th, 2024
Here are a few of the most interesting Citi Trends statistics and facts I was able to dig up including store count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Citi Trends Facts
Here is pretty much everything you ever wanted to know about Citi Trends.
- Website: Official Website
- Year Founded: 1958
- Headquarters: Savannah, GA
- Current Chief Executive: David N. Makuen
Citi Trends is a high growth, publicly held retail brand with a fleet of 585 Stores across 33 States. We are the leading specialty value store for African American and Latinx Families with a rich history of catering to under resourced communities on a path to grow to $1 Billion in sales by 2023. We have delivered consistent positive comparable stores sales increases in fourteen of the last sixteen quarters. Our track record of delivering eight straight years of profitability coupled with no debt allows us to invest in people, systems and infrastructure to scale our business. We carry a world-class assortment of branded and private branded merchandise across apparel, accessories, footwear and home that is showcased in an inviting store environment staffed by friendly associates. The Citi Trends experience works in rural, suburban and urban communities with the potential to grow to 1,000 stores to serve our loyal and expanding customer base. Our long-range plan calls for more than 20% compounded annual growth in both operating income and EPS. We are actively building our team of diverse leaders in a culture filled with passion, collaboration, agility and customer obsession and will continue to uphold our longstanding commitment to diversity and inclusion. (source)
Citi Trends is a high growth, publicly held retail brand with a fleet of 585 Stores across 33 States. We are the leading specialty value store for African American and Latinx Families with a rich history of catering to under resourced communities on a path to grow to $1 Billion in sales by 2023. We have delivered consistent positive comparable stores sales increases in fourteen of the last sixteen quarters. Our track record of delivering eight straight years of profitability coupled with no debt allows us to invest in people, systems and infrastructure to scale our business. We carry a world-class assortment of branded and private branded merchandise across apparel, accessories, footwear and home that is showcased in an inviting store environment staffed by friendly associates. The Citi Trends experience works in rural, suburban and urban communities with the potential to grow to 1,000 stores to serve our loyal and expanding customer base. Our long-range plan calls for more than 20% compounded annual growth in both operating income and EPS. We are actively building our team of diverse leaders in a culture filled with passion, collaboration, agility and customer obsession and will continue to uphold our longstanding commitment to diversity and inclusion. (Citi Trends Revenue Totals
Citi Trends annual net sales:
- FY 2022: $795 million
- FY 2021: $783 million
- FY 2020: $781 million
- FY 2019: $769 million
- FY 2018: $755 million
- FY 2017: $695 million
- FY 2016: $683 million
- FY 2015: $670 million
Citi Trends annual net income:
- FY 2022: $58.8 million
- FY 2021: $62 million
- FY 2020: $16 million
- FY 2019: $21 million
- FY 2018: $14 million
- FY 2017: $13 million
- FY 2016: $15 million
- FY 2015: $8 million
Please note that some of these numbers are easier to find than others. A few of these Citi Trends statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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