City Chic Collective Trading Update
Key points
- City Chic reports improved sales momentum in ANZ
- Gross margin expansion due to reduced promotions
- Positive outlook for EBIT in 1H FY27
Full summary
City Chic Collective Limited (ASX: CCX) reported a trading update for the 18 weeks to 1 November 2026, highlighting improved sales momentum and gross margin expansion. The company's focus on profitable, full-price sales and disciplined inventory management led to a 19.6% increase in full-price store sales in ANZ. The reduction in promotional activity, particularly online, contributed to a 2.2% increase in gross margin dollars, despite a 1.7% decrease in group revenue. City Chic expects to generate positive EBIT in the first half of FY27, subject to sales momentum during the Black Friday and Christmas trading period.
Guidance
City Chic expects positive EBIT in 1H FY27, subject to sales momentum
Outlook
City Chic remains confident in its strategy, expecting improved profitability and positive EBIT in the first half of FY27, contingent on sales momentum during the holiday season.
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