City Chic Collective Limited (ASX: CCX) saw its share price climb 19.8% on the back of strong holiday trading performance, despite reporting a 3.6% decline in revenue for the second half of 2024. The upbeat trading results set City Chic apart from other retailers like Myer and Premier Investments, which posted flat earnings over the holiday season. At the time of writing, the positive market response underscores investor confidence in City Chic’s ability to maintain momentum in challenging retail conditions.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
