Key points
- Global sales revenue of $130.5m
- ANZ revenue growth of 7.6%, comp sales growth of 5.6%
- Underlying EBITDA of $12.3m, up 92% on FY25
- Trading Margin up to 60.6%
- Inventory down 11% to $24.1m
Full summary
City Chic Collective Limited (ASX: CCX) announced its FY26 results, showing global sales revenue of $130.5m, a 7.6% increase in ANZ revenue, and Underlying EBITDA of $12.3m, up 92% on FY25. The company saw a 5.6% growth in comparable sales in ANZ, while USA revenue declined due to reduced purchasing activity. Trading Margin increased to 60.6%, and Underlying Cost of Doing Business decreased by $7.1m. Inventory was tightly managed, reducing by 11% to $24.1m. The company ended FY26 with a net cash position of $5.2m and a fully undrawn $10m debt facility extended to March 2028. For FY27, the company expects continued growth with strong ANZ comp sales growth of 11.4% and improved US retail momentum.
Guidance
FY27 ANZ comparable store sales growth of 11.4% and improved US retail momentum
Outlook
City Chic is well positioned to grow sales and drive sustained improvement in profitability despite challenging retail trading conditions.