Australia's City Chic Collective jumps on strong prelim FY results
BUZZ-Australia's City Chic Collective jumps on strong prelim FY results ** Shares of City Chic Collective CCX.AX rise as much as 29.6% to A$0.07, hitting their highest level since April 15
** Stock set for strongest session since August 28, 2025, if moves hold
** Plus-size women's apparel retailer expects to deliver underlying EBITDA of A$11.5 mln-A$12.5 mln ($7.96-$8.66 mln) in FY26
** Co says result reflects continued margin expansion and disciplined cost management despite ongoing market volatility
** With purchasing activity now returned to normal levels, USA seeing encouraging customer response to its Summer product range and improving sales momentum as it enters FY27 - co
** Around 3.2 mln shares change hands vs 30-day avg volume of 2.9 mln shares
** Stock down 39.1% YTD
($1 = 1.4440 Australian dollars)
(Reporting by Shivangi Lahiri in Bengaluru)
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