Citi Trends (USA) has reported same-store sales rose 14% over 2019 for the 9-week holiday period.
Total sales for the nine-week period ended January 1, 2022 increased 20.1% versus the same period in 2019, to $204.8 million compared to $170.5 million. Comparable store sales increased 14.8% versus the same period in 2019.
“We continued to expand our gross margin, driven primarily by higher full-price selling and lower markdowns. Our performance was led by our enhanced shopping experience and on-trend assortment associated with our Give. Get. Gather. holiday campaign that included amazing gifts and stocking stuffers
across our six merchandise Citis or categories,” said David Makuen, Chief Executive Officer.
Citi Trends is a a growing specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and Latinx families in the United States.
