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City Chic Collective Limited ( (AU:CCX) ) just unveiled an update.
City Chic Collective reported preliminary first-half FY26 sales of A$69.2 million, broadly flat year on year, with strong growth in its core ANZ market offset by weaker Americas revenue driven by deliberate inventory reductions amid tariff volatility. Profitability improved markedly, with underlying EBITDA expected to rise 71–100% to A$6–7 million, gross margin expanding to 62.2%, average selling prices increasing 6.1%, and inventory cut by 21% as management prioritised margin and cash generation over discount-led sales. The company highlighted particularly robust trading in ANZ, where revenue grew 7.4% and trading margin increased 10.1% through disciplined promotions and improved full-price sell-through, while the US business remained profitable and is preparing for higher sales in the second half of FY26 after a cautious first-half ordering stance. Strengthened by net cash of A$5.4 million, no drawn debt and an extended A$10 million facility to March 2028, City Chic says it is on track to be operating cash flow positive for FY26, signalling a more resilient balance sheet and improved financial footing for shareholders and lenders despite a challenging macro and tariff environment.
The most recent analyst rating on (AU:CCX) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on City Chic Collective Limited stock, see the AU:CCX Stock Forecast page.
More about City Chic Collective Limited
City Chic Collective Limited is a global omni-channel retailer specialising in plus-size women’s apparel, footwear and accessories. The group operates 78 stores across Australia and New Zealand alongside e-commerce sites in ANZ and the USA, and also sells through third-party marketplace and wholesale partners in Australia, New Zealand, the USA and Canada, targeting the “better dressing” segment of the plus-size market.
Average Trading Volume: 555,552
Technical Sentiment Signal: Hold
Current Market Cap: A$53.92M
See more insights into CCX stock on TipRanks’ Stock Analysis page.