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City Chic Collective Limited (ASX:CCX)

ALERT: Price-sensitive ASX Announcement for CCX
Current share price for CCX : $0.040 -0.04 (-50%)+
Announcement
Release
4 Nov 2025 9:07AM
Price at Release
$0.080
Full Release
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Summary
City Chic Collective Limited has provided a trading update for the first 18 weeks of FY26, highlighting a strong 10% revenue increase in the ANZ business and a resilient performance in the USA, despite a 21.1% revenue decline. Overall revenue growth was recorded at 2.6% against the prior period, maintaining gross margins in line with expectations. The company has a total cash balance of $9.5 million and aims to remain operating cash flow positive in FY26. New product strategies and strategic focus on high-value customers have been effective, with inventory well-positioned for upcoming key trading periods.
Key Points
  • City Chic Collective Limited reports a trading update for the 18 weeks to 2 November 2025.
  • ANZ business revenue increased by 10% compared to the prior corresponding period.
  • USA business revenue is down 21.1% on the prior period but exceeded expectations.
  • Total revenue growth is 2.6% on the prior period.
  • Gross margin percentage remains in line with expectations.
  • Total cash balance stands at $9.5 million with $5 million undrawn on the debt facility.
  • The company is on track to be operating cash flow positive in FY26.
  • Inventory balance is reported at $26.2 million.
  • Significant focus on high-value customers and product quality improvements.
  • New inventory is prepared for Black Friday and Christmas trading periods in ANZ.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.