Citi Trends Inc
For the period ended Nov 1, 2025. Filed Dec 10, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Nov 1, 2025 · Filed Dec 10, 2025
CTRN$45.56-2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(in thousands)
| | | | | | | | |
|---|---|---|---|---|---|---|---|
| · · Thirty-Nine Weeks Ended · | |||||||
| · · November 1, · · November 2, · | |||||||
| · 2025 · 2024 | |||||||
| Operating activities: | | | | | | | |
| Net loss | | $(2,205) | | $(28,991) | | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | | | | | | | |
| Depreciation | | | 13,545 | | | 14,331 | |
| Asset impairment | | | 327 | | | 1,835 | |
| Non-cash operating lease costs | | | 35,687 | | | 36,708 | |
| Loss on disposal of property and equipment | | | 24 | | | 24 | |
| Deferred income taxes | | | — | | | (10,197) | |
| Non-cash stock-based compensation expense | | | 4,001 | | | 2,434 | |
| Gain on sale of building | | | (10,960) | | | — | |
| Changes in assets and liabilities: | | | | | | | |
| Inventory | | | (896) | | | 2,918 | |
| Prepaid and other current assets | | | (5,868) | | | (2,307) | |
| Other assets | | | (974) | | | 120 | |
| Accounts payable | | | (5,130) | | | (17,898) | |
| Accrued expenses and other long-term liabilities | | | (36,919) | | | (35,916) | |
| Accrued compensation | | | 7,470 | | | 2,885 | |
| Income tax receivable/payable | | | 1,745 | | | 542 | |
| Layaway deposits | | | 1,620 | | | 1,164 | |
| Net cash provided by (used in) operating activities | | | 1,467 | | | (32,348) | |
| Investing activities: | | | | | | | |
| Purchases of property and equipment | | | (15,519) | | | (7,606) | |
| Proceeds from sale of building | | | 11,206 | | | — | |
| Net cash used in investing activities | | | (4,313) | | | (7,606) | |
| Financing activities: | | | | | | | |
| Cash used to settle withholding taxes on the vesting of nonvested restricted stock | | | (826) | | | (880) | |
| Repurchases of common stock | | | (6,315) | | | — | |
| Net cash used in financing activities | | | (7,141) | | | (880) | |
| Net decrease in cash and cash equivalents | | | (9,987) | | | (40,834) | |
| Cash and cash equivalents: | | | | | | | |
| Beginning of period | | | 61,085 | | | 79,706 | |
| End of period | | $51,098 | | $38,872 | | ||
| | | | | | | | |
| Supplemental disclosures of cash flow information: | | | | | | | |
| Cash paid for interest | | $155 | | $125 | | ||
| Cash refunds of income taxes | | $(1,694) | | $(340) | | ||
| Supplemental disclosures of non-cash investing activities: | | | | | | | |
| Accrual for purchases of property and equipment | | $1,006 | | $374 | | ||
Condensed Consolidated Statements of Stockholders**’**** Equity**
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