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The latest announcement is out from Cettire Ltd. ( (AU:CTT) ).
Cettire Limited reported a slight increase in sales revenue for the year-to-date period ending May 2025, despite facing challenges in the global luxury market, particularly due to US tariff policy changes. The company experienced weaker demand in established markets like the US but saw stable performance in emerging markets. Cettire is focusing on geographic revenue diversification and improving its delivered margin percentage by reducing promotional intensity and enhancing fulfillment cost efficiencies. The company is also expanding its footprint in emerging markets, recently launching operations in Kuwait and Bahrain, while maintaining a net cash balance of approximately $45 million.
The most recent analyst rating on (AU:CTT) stock is a Sell with a A$1.30 price target. To see the full list of analyst forecasts on Cettire Ltd. stock, see the AU:CTT Stock Forecast page.
More about Cettire Ltd.
Cettire is a global online platform launched in 2017, specializing in personal luxury goods. The company offers a vast selection of over 2,500 luxury brands and 500,000 products, including clothing, shoes, bags, and accessories, through its website cettire.com.
Average Trading Volume: 5,434,542
Technical Sentiment Signal: Sell
Current Market Cap: A$169.7M
Find detailed analytics on CTT stock on TipRanks’ Stock Analysis page.