CCX city chic collective limited
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News: CCX City Chic Collective Expects To Trade Profitably In H2 FY24

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    22/11/23
    12:20
    Post #: 71041129

    Nov 22 (Reuters) - City Chic Collective Ltd (CCX) :

    • EXPECT TO TRADE PROFITABLY IN H2 FY24 AS BENEFITS OF STRATEGIC PLAN ARE REALISED
    • TARGETING 60% GROSS MARGIN AND FULFILMENT COST OF 19% INTO Q4
    • ON TRACK TO ACHIEVING FINANCIAL TARGETS, INCLUDING BEING CASH POSITIVE AT END OF FY24
    • REVENUE TREND IN OCTOBER AND NOVEMBER GIVING CONFIDENCE INTO BLACK FRIDAY AND CHRISTMAS PERIODS
    • FY24 Q1 REVENUE DOWN 32% PCP
    • Q2 TO DATE REVENUE DOWN 29% PCP
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