• Underlying EBITDA up 86% to $6.5m
• ANZ revenue up 7.4% and trading margin dollars up 10.1%
• USA trading profitably, inventory tightly managed

City Chic Collective Ltd reported strong H1 FY26 results, with underlying EBITDA up 86% to $6.5m, driven by disciplined strategic execution. ANZ revenue grew 7.4% and trading margin dollars were up 10.1%, while the USA business continued to trade profitably. The company focused on growing its high-value customer base, with high-value customers now accounting for 58% of the total. New product offerings were well received, with NPS up to 74 from 71 previously. The company also implemented AI-enabled buying and merchandising tools to improve sell-through and margins. The balance sheet remains strong, with a net cash position of $5.4m and an undrawn $10m debt facility that has been extended to March 2028.

The company reported that ANZ revenue was up 9.0% and trading margin dollars were up 17.0% in the first 8 weeks of H2 FY26 compared to the prior corresponding period.

City Chic Collective Ltd is focused on delivering profitable and sustainable long-term growth, maintaining trading momentum in both the ANZ and USA markets. In the USA, the company has ordered Summer-26 product and is transitioning its Amazon operating model for long-term profitability, while also launching a new Belk marketplace.