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Side-by-side financial comparison of Citi Trends Inc (CTRN) and Natural Grocers by Vitamin Cottage, Inc. (NGVC). Click either name above to swap in a different company.

Natural Grocers by Vitamin Cottage, Inc. is the larger business by last-quarter revenue ($335.6M vs $197.1M, roughly 1.7× Citi Trends Inc). Natural Grocers by Vitamin Cottage, Inc. runs the higher net margin — 3.4% vs -3.5%, a 6.9% gap on every dollar of revenue. On growth, Citi Trends Inc posted the faster year-over-year revenue change (10.1% vs 1.6%). Natural Grocers by Vitamin Cottage, Inc. produced more free cash flow last quarter ($11.6M vs $767.0K). Over the past eight quarters, Natural Grocers by Vitamin Cottage, Inc.'s revenue compounded faster (4.4% CAGR vs -4.3%).

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

Natural Grocers by Vitamin Cottage, Inc. is a U.S.-based specialty retail chain that offers certified organic groceries, dietary supplements, natural personal care items, and eco-friendly household products. It serves health-conscious consumers across multiple U.S. states, following strict quality standards that exclude artificial preservatives, colors, flavors and harmful additives.

CTRN vs NGVC — Head-to-Head

Bigger by revenue
NGVC
NGVC
1.7× larger
NGVC
$335.6M
$197.1M
CTRN
Growing faster (revenue YoY)
CTRN
CTRN
+8.4% gap
CTRN
10.1%
1.6%
NGVC
Higher net margin
NGVC
NGVC
6.9% more per $
NGVC
3.4%
-3.5%
CTRN
More free cash flow
NGVC
NGVC
$10.8M more FCF
NGVC
$11.6M
$767.0K
CTRN
Faster 2-yr revenue CAGR
NGVC
NGVC
Annualised
NGVC
4.4%
-4.3%
CTRN

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
CTRN
CTRN
NGVC
NGVC
Revenue
$197.1M
$335.6M
Net Profit
$-6.9M
$11.3M
Gross Margin
29.5%
Operating Margin
-3.7%
4.4%
Net Margin
-3.5%
3.4%
Revenue YoY
10.1%
1.6%
Net Profit YoY
3.6%
14.0%
EPS (diluted)
$-0.86
$0.49

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
NGVC
NGVC
Q4 25
$197.1M
$335.6M
Q3 25
$190.8M
$336.1M
Q2 25
$201.7M
$328.7M
Q1 25
$211.2M
$335.8M
Q4 24
$179.1M
$330.2M
Q3 24
$176.6M
$322.7M
Q2 24
$186.3M
$309.1M
Q1 24
$215.2M
$308.1M
Net Profit
CTRN
CTRN
NGVC
NGVC
Q4 25
$-6.9M
$11.3M
Q3 25
$3.8M
$11.8M
Q2 25
$871.0K
$11.6M
Q1 25
$-14.2M
$13.1M
Q4 24
$-7.2M
$9.9M
Q3 24
$-18.4M
$9.0M
Q2 24
$-3.4M
$9.2M
Q1 24
$3.6M
$8.0M
Gross Margin
CTRN
CTRN
NGVC
NGVC
Q4 25
29.5%
Q3 25
29.5%
Q2 25
29.9%
Q1 25
30.3%
Q4 24
29.9%
Q3 24
29.6%
Q2 24
29.2%
Q1 24
29.3%
Operating Margin
CTRN
CTRN
NGVC
NGVC
Q4 25
-3.7%
4.4%
Q3 25
1.8%
4.6%
Q2 25
0.2%
4.7%
Q1 25
0.6%
5.2%
Q4 24
-4.9%
4.0%
Q3 24
-14.1%
3.7%
Q2 24
-3.7%
4.2%
Q1 24
1.8%
3.7%
Net Margin
CTRN
CTRN
NGVC
NGVC
Q4 25
-3.5%
3.4%
Q3 25
2.0%
3.5%
Q2 25
0.4%
3.5%
Q1 25
-6.7%
3.9%
Q4 24
-4.0%
3.0%
Q3 24
-10.4%
2.8%
Q2 24
-1.8%
3.0%
Q1 24
1.7%
2.6%
EPS (diluted)
CTRN
CTRN
NGVC
NGVC
Q4 25
$-0.86
$0.49
Q3 25
$0.46
$0.51
Q2 25
$0.11
$0.50
Q1 25
$-1.70
$0.56
Q4 24
$-0.86
$0.43
Q3 24
$-2.21
$0.38
Q2 24
$-0.42
$0.40
Q1 24
$0.43
$0.35

Balance Sheet & Financial Strength

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

Metric
CTRN
CTRN
NGVC
NGVC
Cash + ST InvestmentsLiquidity on hand
$23.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$107.8M
$220.0M
Total Assets
$464.3M
$668.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTRN
CTRN
NGVC
NGVC
Q4 25
$23.2M
Q3 25
$17.1M
Q2 25
$13.2M
Q1 25
$21.2M
Q4 24
$6.3M
Q3 24
$8.9M
Q2 24
$13.9M
Q1 24
$11.0M
Stockholders' Equity
CTRN
CTRN
NGVC
NGVC
Q4 25
$107.8M
$220.0M
Q3 25
$113.2M
$212.4M
Q2 25
$108.6M
$202.5M
Q1 25
$113.2M
$193.0M
Q4 24
$130.3M
$181.9M
Q3 24
$136.6M
$174.3M
Q2 24
$154.8M
$167.8M
Q1 24
$157.7M
$160.0M
Total Assets
CTRN
CTRN
NGVC
NGVC
Q4 25
$464.3M
$668.6M
Q3 25
$457.4M
$670.5M
Q2 25
$437.4M
$659.0M
Q1 25
$462.8M
$664.6M
Q4 24
$467.1M
$648.9M
Q3 24
$506.7M
$655.5M
Q2 24
$484.1M
$654.4M
Q1 24
$518.7M
$656.6M

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
NGVC
NGVC
Operating Cash FlowLast quarter
$8.6M
$21.1M
Free Cash FlowOCF − Capex
$767.0K
$11.6M
FCF MarginFCF / Revenue
0.4%
3.4%
Capex IntensityCapex / Revenue
4.0%
2.9%
Cash ConversionOCF / Net Profit
1.86×
TTM Free Cash FlowTrailing 4 quarters
$11.9M
$42.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTRN
CTRN
NGVC
NGVC
Q4 25
$8.6M
$21.1M
Q3 25
$3.9M
$15.6M
Q2 25
$-11.0M
$2.9M
Q1 25
$28.5M
$34.1M
Q4 24
$-18.4M
$2.7M
Q3 24
$5.6M
$24.5M
Q2 24
$-19.6M
$12.4M
Q1 24
$23.3M
$20.2M
Free Cash Flow
CTRN
CTRN
NGVC
NGVC
Q4 25
$767.0K
$11.6M
Q3 25
$-1.7M
$7.5M
Q2 25
$-13.1M
$-4.2M
Q1 25
$26.0M
$27.6M
Q4 24
$-20.4M
$-6.9M
Q3 24
$1.7M
$18.0M
Q2 24
$-21.2M
$3.6M
Q1 24
$20.0M
$9.8M
FCF Margin
CTRN
CTRN
NGVC
NGVC
Q4 25
0.4%
3.4%
Q3 25
-0.9%
2.2%
Q2 25
-6.5%
-1.3%
Q1 25
12.3%
8.2%
Q4 24
-11.4%
-2.1%
Q3 24
0.9%
5.6%
Q2 24
-11.4%
1.2%
Q1 24
9.3%
3.2%
Capex Intensity
CTRN
CTRN
NGVC
NGVC
Q4 25
4.0%
2.9%
Q3 25
2.9%
2.4%
Q2 25
1.0%
2.2%
Q1 25
1.2%
1.9%
Q4 24
1.1%
2.9%
Q3 24
2.2%
2.0%
Q2 24
0.9%
2.9%
Q1 24
1.5%
3.4%
Cash Conversion
CTRN
CTRN
NGVC
NGVC
Q4 25
1.86×
Q3 25
1.01×
1.32×
Q2 25
-12.59×
0.25×
Q1 25
2.60×
Q4 24
0.27×
Q3 24
2.72×
Q2 24
1.35×
Q1 24
6.56×
2.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CTRN
CTRN

Segment breakdown not available.

NGVC
NGVC

Grocery$243.8M73%
Dietary Supplements$60.7M18%
Manufactured Product Other$31.0M9%

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