City Chic Collective Limited (CCX) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the City Chic Collective Limited HY2026 results. All participants are in listen-only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. I would now like to hand the conference over to Mr. Phil Ryan, Managing Director and CEO. Please go ahead. Thank you, and good morning, everyone, and thanks for joining us. I'm Phil Ryan, the CEO and Managing Director of Citizenship Collective, and I'm joined today by James Plummer, our CFO. This morning, I'll run through the presentation, starting with the business and strategic update. I'll then ask James to do a review of the house financials, and I will then discuss the trading update before opening up to questions. Moving to slide two. Our EBITDA delivered an 86% improvement in the first half, increasing from a profit of $3.5 million to $6.5 million. This performance was underpinned by our strategic actions across customer and product, along with the disciplined execution of our cost-out program. The ongoing growth is another positive step forward for Cityship. Our simplified business model gives us a platform we can leverage to drive profitability as we look to return to stronger revenue growth at sustainable expanded gross margins. We'll achieve this through continuing to implement improvements in our fit and quality of product to deliver on our tap for curves promise and focusing on our target high value customers. As I said at the AGM, aligned with our strategy, We have comprehensively overhauled the product development process, including greater rigor across design and quality control. This initially resulted in a slower than planned intak...