Citi Trends Inc. (CTRN) Financial Statements (2024 and earlier)

Company Profile

Business Address 104 COLEMAN BOULEVARD
SAVANNAH, GA 31408
State of Incorp. DE
Fiscal Year End January 31
Industry (SIC) 56 - Apparel And Accessory Stores (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

1/31/2024
10/31/2023
MRQ
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments     27,56250,350
Short-term investments     27,56250,350
Receivables3,3066153,987 1,186 
Inventory, net of allowances, customer advances and progress billings129,727105,794123,835103,845138,258139,841
Inventory129,727105,794123,835103,845138,258139,841
Other undisclosed current assets70,992116,47264,785140,59734,20135,407
Total current assets:204,025222,881192,607244,442201,207225,598
Noncurrent Assets
Operating lease, right-of-use asset239,282257,195201,827179,673169,854
Property, plant and equipment56,65860,10675,28263,51464,98556,224
Long-term investments and receivables     15,6758,883
Long-term investments     15,6758,883
Deferred income tax assets7,1972,8932,9926,1956,669
Other noncurrent assets1,0501,1831,317769755745
Deferred tax assets, net6,539
Total noncurrent assets:304,187321,377281,418250,151257,93872,391
TOTAL ASSETS:508,212544,258474,025494,593459,145297,989
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities99,37696,725139,307135,362107,364101,843
Taxes payable 4,623 395
Employee-related liabilities25,89629,31513,01312,746
Accounts payable83,39380,67098,87984,83279,59673,391
Accrued liabilities15,98316,05514,53216,59214,75515,311
Debt     42,944 
Other undisclosed current liabilities56,78263,82848,16747,483554526
Total current liabilities:156,158160,553187,474182,845150,862102,369
Noncurrent Liabilities
Long-term debt and lease obligation:   168,304145,828135,316 
Liabilities, other than long-term debt198,988217,2612,1042,2861,9238,195
Other liabilities2,1322,3222,1042,2861,9238,195
Operating lease, liability196,856214,939168,304145,828135,316
Total noncurrent liabilities:198,988217,261170,408148,114137,2398,195
Total liabilities:355,146377,814357,882330,959288,101110,564
Equity
Equity, attributable to parent153,066166,444116,143163,634171,044187,425
Common stock160160159158157157
Treasury stock, value(267,211)(267,211)(257,211)(141,926)(109,065)(80,620)
Additional paid in capital104,597102,445101,03795,48493,18091,794
Retained earnings315,520331,050272,158209,918186,772176,094
Total equity:153,066166,444116,143163,634171,044187,425
TOTAL LIABILITIES AND EQUITY:508,212544,258474,025494,593459,145297,989

Income Statement (P&L) ($ in thousands)

1/31/2024
10/31/2023
TTM
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
Revenues742,223795,011991,595783,294781,925769,553
Cost of revenue
(Cost of Goods and Services Sold)
(458,508)(484,022)(584,063)(471,618)(484,740) 
Gross profit:283,715310,989407,532311,676297,185769,553
Operating expenses(280,760)(215,089)(307,622)(260,484)(260,101)(249,212)
Other undisclosed operating loss(18,940)(20,595)(20,393)(19,259)(18,535)(495,212)
Operating income (loss):(15,985)75,30579,51731,93318,54925,129
Nonoperating income
(Investment Income, Nonoperating)
3,6341,034312381,5771,353
Interest and debt expense(304)(306)(306)(776)(158)(154)
Income (loss) from continuing operations before income taxes:(12,655)76,03379,24231,39519,96826,328
Income tax expense (benefit)3,762(17,141)(17,002)(7,417)(3,465)(4,954)
Income (loss) from continuing operations:(8,893)58,89262,24023,97816,50321,374
Income before gain (loss) on sale of properties:62,24023,97816,50321,374
Net income (loss) available to common stockholders, diluted:(8,893)58,89262,24023,97816,50321,374

Comprehensive Income ($ in thousands)

1/31/2024
10/31/2023
TTM
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
Net income (loss):(8,893)58,89262,24023,97816,50321,374
Comprehensive income (loss), net of tax, attributable to parent:(8,893)58,89262,24023,97816,50321,374

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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