H1 Trading Update
| Stock | City Chic Collective Ltd (CCX.ASX) |
|---|---|
| Release Time | 19 Jan 2026, 8:26 a.m. |
| Price Sensitive | Yes |
City Chic Collective Reports Strong H1 FY26 Trading
- Global sales revenue of $69.2m
- ANZ trading revenue growth of 7.4% and Gross Margin expansion of 10.1%
- USA business remained profitable and exceeded sales expectations
City Chic Collective Ltd (ASX: CCX) has provided a trading update for the 26 weeks to 28 December 2025 (H1 FY26), reporting global sales revenue of $69.2m, down 0.5% on the prior corresponding period (PCP). The company achieved strong trading performance in its ANZ region, with revenue growth of 7.4% and gross margin expansion of 10.1% on PCP. The USA business remained profitable and exceeded sales expectations, despite a deliberate reduction in inventory in response to tariff-related volatility. Trading gross margin percentage was ahead of plan at 62.2%, up 220 basis points, and average selling price (ASP) was up 6.1%. Underlying EBITDA is expected to be in the range of $6m to $7m, up 71% to 100% on PCP. The company finished December with no drawn debt and total cash of $5.4m, and has extended its $10 million debt facility through to the end of Q1 2028.
Underlying EBITDA (post AASB 16) of $6m to $7m for H1 FY26, up 71% to 100% on the prior corresponding period. Pre-AASB16 EBITDA of $0m to $1m vs PCP loss of $2.3m.