City Chic Collective top loser on ASX200 after earnings miss

City Chic Collective

26/08/2022 01:59

** Shares of City Chic Collective Ltd  CCX.AX  extend losses
to a second session, falling as much as 7.6% to A$1.835
    ** Stock top loser on the benchmark index  .AXJO 
    ** On Thursday, apparel and accessories retailer posted FY22
statutory net profit after tax of A$22.3 mln ($15.44 mln),
missing consensus estimate by 17%  urn:newsml:reuters.com:*:nL4N3010D9
    ** Stock closed 19% lower on Thursday in its worst session
since Feb. 24
    ** Stock set for worst week since late February
    ** Stock down 63.9% this year, as of last close
        
($1 = 1.4445 Australian dollars)    
  

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))