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Side-by-side financial comparison of Citi Trends Inc (CTRN) and DULUTH HOLDINGS INC. (DLTH). Click either name above to swap in a different company.

Citi Trends Inc is the larger business by last-quarter revenue ($197.1M vs $114.9M, roughly 1.7× DULUTH HOLDINGS INC.). Citi Trends Inc runs the higher net margin — -3.5% vs -8.8%, a 5.3% gap on every dollar of revenue. On growth, Citi Trends Inc posted the faster year-over-year revenue change (10.1% vs -9.6%). Citi Trends Inc produced more free cash flow last quarter ($767.0K vs $-8.9M). Over the past eight quarters, Citi Trends Inc's revenue compounded faster (-4.3% CAGR vs -31.6%).

Citi Trends, Inc. is an American retail clothing chain selling discounted products targeted primarily at African-American customers.

Duluth Holdings Inc., which primarily sells goods through its Duluth Trading Company brand, is an American workwear and accessories company.

CTRN vs DLTH — Head-to-Head

Bigger by revenue
CTRN
CTRN
1.7× larger
CTRN
$197.1M
$114.9M
DLTH
Growing faster (revenue YoY)
CTRN
CTRN
+19.7% gap
CTRN
10.1%
-9.6%
DLTH
Higher net margin
CTRN
CTRN
5.3% more per $
CTRN
-3.5%
-8.8%
DLTH
More free cash flow
CTRN
CTRN
$9.7M more FCF
CTRN
$767.0K
$-8.9M
DLTH
Faster 2-yr revenue CAGR
CTRN
CTRN
Annualised
CTRN
-4.3%
-31.6%
DLTH

Income Statement — Q4 2026 vs Q3 2026

Metric
CTRN
CTRN
DLTH
DLTH
Revenue
$197.1M
$114.9M
Net Profit
$-6.9M
$-10.1M
Gross Margin
53.8%
Operating Margin
-3.7%
-7.7%
Net Margin
-3.5%
-8.8%
Revenue YoY
10.1%
-9.6%
Net Profit YoY
3.6%
64.6%
EPS (diluted)
$-0.86
$-0.29

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CTRN
CTRN
DLTH
DLTH
Q4 25
$197.1M
$114.9M
Q3 25
$190.8M
$131.7M
Q2 25
$201.7M
$102.7M
Q1 25
$211.2M
$241.3M
Q4 24
$179.1M
$127.1M
Q3 24
$176.6M
$141.6M
Q2 24
$186.3M
$116.7M
Q1 24
$215.2M
$245.6M
Net Profit
CTRN
CTRN
DLTH
DLTH
Q4 25
$-6.9M
$-10.1M
Q3 25
$3.8M
$1.3M
Q2 25
$871.0K
$-15.3M
Q1 25
$-14.2M
$-5.6M
Q4 24
$-7.2M
$-28.2M
Q3 24
$-18.4M
$-2.0M
Q2 24
$-3.4M
$-7.9M
Q1 24
$3.6M
$6.4M
Gross Margin
CTRN
CTRN
DLTH
DLTH
Q4 25
53.8%
Q3 25
54.7%
Q2 25
52.0%
Q1 25
44.1%
Q4 24
52.3%
Q3 24
52.3%
Q2 24
52.8%
Q1 24
48.2%
Operating Margin
CTRN
CTRN
DLTH
DLTH
Q4 25
-3.7%
-7.7%
Q3 25
1.8%
1.8%
Q2 25
0.2%
-12.0%
Q1 25
0.6%
-1.8%
Q4 24
-4.9%
-17.4%
Q3 24
-14.1%
-1.1%
Q2 24
-3.7%
-7.7%
Q1 24
1.8%
3.6%
Net Margin
CTRN
CTRN
DLTH
DLTH
Q4 25
-3.5%
-8.8%
Q3 25
2.0%
1.0%
Q2 25
0.4%
-14.9%
Q1 25
-6.7%
-2.3%
Q4 24
-4.0%
-22.2%
Q3 24
-10.4%
-1.4%
Q2 24
-1.8%
-6.7%
Q1 24
1.7%
2.6%
EPS (diluted)
CTRN
CTRN
DLTH
DLTH
Q4 25
$-0.86
$-0.29
Q3 25
$0.46
$0.04
Q2 25
$0.11
$-0.45
Q1 25
$-1.70
$-0.17
Q4 24
$-0.86
$-0.84
Q3 24
$-2.21
$-0.06
Q2 24
$-0.42
$-0.24
Q1 24
$0.43
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTRN
CTRN
DLTH
DLTH
Cash + ST InvestmentsLiquidity on hand
$8.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$107.8M
$160.6M
Total Assets
$464.3M
$468.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTRN
CTRN
DLTH
DLTH
Q4 25
$8.2M
Q3 25
$5.7M
Q2 25
$8.6M
Q1 25
$3.3M
Q4 24
$9.3M
Q3 24
$9.8M
Q2 24
$6.8M
Q1 24
$32.2M
Stockholders' Equity
CTRN
CTRN
DLTH
DLTH
Q4 25
$107.8M
$160.6M
Q3 25
$113.2M
$170.0M
Q2 25
$108.6M
$167.9M
Q1 25
$113.2M
$182.7M
Q4 24
$130.3M
$188.1M
Q3 24
$136.6M
$215.7M
Q2 24
$154.8M
$218.4M
Q1 24
$157.7M
$222.8M
Total Assets
CTRN
CTRN
DLTH
DLTH
Q4 25
$464.3M
$468.0M
Q3 25
$457.4M
$433.8M
Q2 25
$437.4M
$463.7M
Q1 25
$462.8M
$452.4M
Q4 24
$467.1M
$533.1M
Q3 24
$506.7M
$488.6M
Q2 24
$484.1M
$471.4M
Q1 24
$518.7M
$491.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTRN
CTRN
DLTH
DLTH
Operating Cash FlowLast quarter
$8.6M
$-6.7M
Free Cash FlowOCF − Capex
$767.0K
$-8.9M
FCF MarginFCF / Revenue
0.4%
-7.8%
Capex IntensityCapex / Revenue
4.0%
2.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$11.9M
$1.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTRN
CTRN
DLTH
DLTH
Q4 25
$8.6M
$-6.7M
Q3 25
$3.9M
$32.0M
Q2 25
$-11.0M
$-56.5M
Q1 25
$28.5M
$41.2M
Q4 24
$-18.4M
$-41.1M
Q3 24
$5.6M
$16.6M
Q2 24
$-19.6M
$-33.7M
Q1 24
$23.3M
$69.7M
Free Cash Flow
CTRN
CTRN
DLTH
DLTH
Q4 25
$767.0K
$-8.9M
Q3 25
$-1.7M
$29.8M
Q2 25
$-13.1M
$-57.8M
Q1 25
$26.0M
$38.7M
Q4 24
$-20.4M
$-43.7M
Q3 24
$1.7M
$15.0M
Q2 24
$-21.2M
$-35.2M
Q1 24
$20.0M
$60.6M
FCF Margin
CTRN
CTRN
DLTH
DLTH
Q4 25
0.4%
-7.8%
Q3 25
-0.9%
22.6%
Q2 25
-6.5%
-56.3%
Q1 25
12.3%
16.0%
Q4 24
-11.4%
-34.4%
Q3 24
0.9%
10.6%
Q2 24
-11.4%
-30.2%
Q1 24
9.3%
24.7%
Capex Intensity
CTRN
CTRN
DLTH
DLTH
Q4 25
4.0%
2.0%
Q3 25
2.9%
1.7%
Q2 25
1.0%
1.3%
Q1 25
1.2%
1.0%
Q4 24
1.1%
2.1%
Q3 24
2.2%
1.2%
Q2 24
0.9%
1.3%
Q1 24
1.5%
3.7%
Cash Conversion
CTRN
CTRN
DLTH
DLTH
Q4 25
Q3 25
1.01×
25.40×
Q2 25
-12.59×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
6.56×
10.86×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CTRN
CTRN

Segment breakdown not available.

DLTH
DLTH

Sales Channel Directly To Consumer$67.4M59%
Sales Channel Through Intermediary$47.4M41%

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