City Chic Collective Limited (CCX) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome everyone to the City Chic Collective Full Year 2026 Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question at that time, simply press star, then the number one on your telephone keypad. And if you would like to withdraw your question, again, press star one. Thank you. I would now like to turn the conference over to Phil Ryan, Managing Director and CEO. Phil, please go ahead. Morning, everyone, and thanks for joining us. I'm Phil Ryan, the CEO of CitySheet Collective, and I'm joined today by our CFO, James Plummer. This morning, I will run through the presentations, starting with the key highlights and business update. James will then take you through the financials, and I'll come back to discuss the FY27 trading update and outlook before opening up to questions. Moving to slide two. FY26 was another important year for Cityship, and I'm very pleased with the progress we have made. Underlying EBITDA increased to $12.3 million, up 92% on the prior period. This was driven by the continued execution of our strategy across customer, product and cost discipline. ANZ revenue was up 7.6% and trading gross margin dollars were up 8.2%. This shows that the strategy continues to gain traction, even in a consumer environment that remains challenging due to the cost of living crisis. The continued improvement in margin demonstrates the success of our strategic focus on product elevation and pricing discipline, with average selling price increasing a further 4.5% in FY26. Touch for Curves...