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Side-by-side financial comparison of Citi Trends Inc (CTRN) and Karat Packaging Inc. (KRT). Click either name above to swap in a different company.

Citi Trends Inc is the larger business by last-quarter revenue ($197.1M vs $115.6M, roughly 1.7× Karat Packaging Inc.). Karat Packaging Inc. runs the higher net margin — 5.9% vs -3.5%, a 9.4% gap on every dollar of revenue. On growth, Karat Packaging Inc. posted the faster year-over-year revenue change (13.7% vs 10.1%). Karat Packaging Inc. produced more free cash flow last quarter ($15.1M vs $767.0K). Over the past eight quarters, Karat Packaging Inc.'s revenue compounded faster (10.0% CAGR vs -4.3%).

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

Karat Packaging Inc. is a specialty manufacturer and distributor of disposable foodservice packaging products. Its offerings include paper and plastic cups, food containers, cutlery, lids, and custom branded solutions, serving restaurant chains, cafes, catering operators, and retail foodservice clients primarily across North America.

CTRN vs KRT — Head-to-Head

Bigger by revenue
CTRN
CTRN
1.7× larger
CTRN
$197.1M
$115.6M
KRT
Growing faster (revenue YoY)
KRT
KRT
+3.7% gap
KRT
13.7%
10.1%
CTRN
Higher net margin
KRT
KRT
9.4% more per $
KRT
5.9%
-3.5%
CTRN
More free cash flow
KRT
KRT
$14.4M more FCF
KRT
$15.1M
$767.0K
CTRN
Faster 2-yr revenue CAGR
KRT
KRT
Annualised
KRT
10.0%
-4.3%
CTRN

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CTRN
CTRN
KRT
KRT
Revenue
$197.1M
$115.6M
Net Profit
$-6.9M
$6.8M
Gross Margin
34.0%
Operating Margin
-3.7%
7.3%
Net Margin
-3.5%
5.9%
Revenue YoY
10.1%
13.7%
Net Profit YoY
3.6%
21.3%
EPS (diluted)
$-0.86
$0.34

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
KRT
KRT
Q4 25
$197.1M
$115.6M
Q3 25
$190.8M
$124.5M
Q2 25
$201.7M
$124.0M
Q1 25
$211.2M
$103.6M
Q4 24
$179.1M
$101.6M
Q3 24
$176.6M
$112.8M
Q2 24
$186.3M
$112.6M
Q1 24
$215.2M
$95.6M
Net Profit
CTRN
CTRN
KRT
KRT
Q4 25
$-6.9M
$6.8M
Q3 25
$3.8M
$7.3M
Q2 25
$871.0K
$10.9M
Q1 25
$-14.2M
$6.4M
Q4 24
$-7.2M
$5.6M
Q3 24
$-18.4M
$9.1M
Q2 24
$-3.4M
$9.1M
Q1 24
$3.6M
$6.2M
Gross Margin
CTRN
CTRN
KRT
KRT
Q4 25
34.0%
Q3 25
34.5%
Q2 25
39.6%
Q1 25
39.3%
Q4 24
39.2%
Q3 24
38.6%
Q2 24
38.5%
Q1 24
39.3%
Operating Margin
CTRN
CTRN
KRT
KRT
Q4 25
-3.7%
7.3%
Q3 25
1.8%
6.9%
Q2 25
0.2%
13.3%
Q1 25
0.6%
7.5%
Q4 24
-4.9%
7.2%
Q3 24
-14.1%
10.0%
Q2 24
-3.7%
9.9%
Q1 24
1.8%
8.4%
Net Margin
CTRN
CTRN
KRT
KRT
Q4 25
-3.5%
5.9%
Q3 25
2.0%
5.9%
Q2 25
0.4%
8.8%
Q1 25
-6.7%
6.2%
Q4 24
-4.0%
5.5%
Q3 24
-10.4%
8.1%
Q2 24
-1.8%
8.1%
Q1 24
1.7%
6.4%
EPS (diluted)
CTRN
CTRN
KRT
KRT
Q4 25
$-0.86
$0.34
Q3 25
$0.46
$0.36
Q2 25
$0.11
$0.54
Q1 25
$-1.70
$0.32
Q4 24
$-0.86
$0.28
Q3 24
$-2.21
$0.45
Q2 24
$-0.42
$0.45
Q1 24
$0.43
$0.31

Balance Sheet & Financial Strength

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

Metric
CTRN
CTRN
KRT
KRT
Cash + ST InvestmentsLiquidity on hand
$37.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$107.8M
$149.4M
Total Assets
$464.3M
$287.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTRN
CTRN
KRT
KRT
Q4 25
$37.9M
Q3 25
$44.0M
Q2 25
$57.0M
Q1 25
$56.3M
Q4 24
$59.9M
Q3 24
$60.4M
Q2 24
$52.1M
Q1 24
$46.7M
Stockholders' Equity
CTRN
CTRN
KRT
KRT
Q4 25
$107.8M
$149.4M
Q3 25
$113.2M
$154.5M
Q2 25
$108.6M
$155.8M
Q1 25
$113.2M
$153.3M
Q4 24
$130.3M
$155.6M
Q3 24
$136.6M
$157.3M
Q2 24
$154.8M
$157.7M
Q1 24
$157.7M
$154.4M
Total Assets
CTRN
CTRN
KRT
KRT
Q4 25
$464.3M
$287.7M
Q3 25
$457.4M
$302.8M
Q2 25
$437.4M
$321.0M
Q1 25
$462.8M
$312.2M
Q4 24
$467.1M
$294.5M
Q3 24
$506.7M
$306.8M
Q2 24
$484.1M
$310.7M
Q1 24
$518.7M
$279.0M

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
KRT
KRT
Operating Cash FlowLast quarter
$8.6M
$15.4M
Free Cash FlowOCF − Capex
$767.0K
$15.1M
FCF MarginFCF / Revenue
0.4%
13.1%
Capex IntensityCapex / Revenue
4.0%
0.2%
Cash ConversionOCF / Net Profit
2.26×
TTM Free Cash FlowTrailing 4 quarters
$11.9M
$33.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTRN
CTRN
KRT
KRT
Q4 25
$8.6M
$15.4M
Q3 25
$3.9M
$982.0K
Q2 25
$-11.0M
$9.8M
Q1 25
$28.5M
$7.7M
Q4 24
$-18.4M
$8.3M
Q3 24
$5.6M
$19.5M
Q2 24
$-19.6M
$13.7M
Q1 24
$23.3M
$6.6M
Free Cash Flow
CTRN
CTRN
KRT
KRT
Q4 25
$767.0K
$15.1M
Q3 25
$-1.7M
$736.0K
Q2 25
$-13.1M
$9.6M
Q1 25
$26.0M
$7.6M
Q4 24
$-20.4M
$8.0M
Q3 24
$1.7M
$19.2M
Q2 24
$-21.2M
$13.4M
Q1 24
$20.0M
$6.4M
FCF Margin
CTRN
CTRN
KRT
KRT
Q4 25
0.4%
13.1%
Q3 25
-0.9%
0.6%
Q2 25
-6.5%
7.7%
Q1 25
12.3%
7.4%
Q4 24
-11.4%
7.9%
Q3 24
0.9%
17.0%
Q2 24
-11.4%
11.9%
Q1 24
9.3%
6.7%
Capex Intensity
CTRN
CTRN
KRT
KRT
Q4 25
4.0%
0.2%
Q3 25
2.9%
0.2%
Q2 25
1.0%
0.1%
Q1 25
1.2%
0.1%
Q4 24
1.1%
0.2%
Q3 24
2.2%
0.3%
Q2 24
0.9%
0.2%
Q1 24
1.5%
0.2%
Cash Conversion
CTRN
CTRN
KRT
KRT
Q4 25
2.26×
Q3 25
1.01×
0.13×
Q2 25
-12.59×
0.89×
Q1 25
1.21×
Q4 24
1.47×
Q3 24
2.14×
Q2 24
1.50×
Q1 24
6.56×
1.06×

Financial Flow Comparison

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

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