BUZZ-Australia's City Chic Collective down on bleak trading update

Reuters
27 Nov 2024
BUZZ-Australia's City Chic Collective down on bleak trading update

** Shares of City Chic Collective CCX.AX fall as much as 9.3% to A$0.123, logging its biggest intraday pct loss since Oct. 22

** The retailer says in first 20 weeks of FY25 revenue is down 4.8% vs pcp across all market and channels

** 9.2 mln shares change hands, compared with the 30-day average volume of 6.9 mln

** Stock down 72% YTD including session's moves

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10