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November 30, 2005 at 12:00 AM EST

Citi Trends, Inc. Announces Fiscal 2005 November Sales Results

SAVANNAH, Ga., Nov 30, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Citi Trends, Inc. (Nasdaq: CTRN) today reported unaudited sales results for the four-week period ended November 26, 2005.

Total net sales for the four-week period ended November 26, 2005 increased 43.5% to $24.7 million compared with $17.2 million for the four-week period ended November 27, 2004. Comparable store sales increased 26.0% for the four- week period ended November 26, 2005, compared with a 0.9% increase in the prior-year period. Relocated and expanded stores are included in the comparable store sales results.

Consistent with trends previously noted in September and October, the Company's November sales results benefited from increased customer traffic following Hurricanes Katrina, Rita and Wilma. After the hurricanes, sales in the stores directly affected by the hurricanes as well as stores located in contiguous areas have increased dramatically. This rebound effect has significantly more than offset the negative effect of the closings. Sales in the non-affected comparable stores increased approximately 17-19% for November.

The Company has opened 27 stores to date in fiscal 2005, reaching a total store count of 227 (including the four stores currently closed due to the hurricanes). The Company plans to open 10 additional new stores in the fourth quarter and re-open by year end from none to two of the four stores currently closed, bringing the stores in operation at year end to a total of 233 to 235 stores in operation.

Citi Trends, Inc. is a value-priced retailer of urban fashion apparel and accessories for the entire family. The Company currently operates 227 stores (including the 4 stores currently closed due to the hurricanes) located in 12 states in the South, Southeast and Mid-Atlantic region, and our website address is http://www.cititrends.com. CTRN-E

Forward-Looking Statements

All statements other than historical facts contained in this news release, including statements regarding our future financial position, business policy and plans and objectives of management for future operations, are forward- looking statements that are subject to material risks and uncertainties. The words "believe," "may," "could," "estimate," "continue," "anticipate," "intend," "expect" and similar expressions, as they relate to Citi Trends, are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, and that actual results or developments may differ materially from those in the forward-looking statements as a result of various factors which are discussed in Citi Trends, Inc. filings with the Securities and Exchange Commission. These risks and uncertainties include, but are not limited to, uncertainties relating to economic conditions, growth and expansion risks, consumer spending patterns, competition within the industry, competition in our markets and the ability to anticipate and respond to fashion trends. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, Citi Trends does not undertake to publicly update any forward-looking statements in this news release or with respect to matters described herein, whether as a result of any new information, future events or otherwise.

SOURCE Citi Trends, Inc.

Tom Stoltz, Chief Financial Officer, +1-912-443-2075, or Ed Anderson, Chief Executive
Officer, +1-912-443-3705, both of Citi Trends, Inc.
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