Half Year 2024 City Chic Collective Ltd Earnings Call Transcript

Feb 28, 2024

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Feb 26, 2024 / 10:30PM GMT
Operator

Ladies and gentlemen, thank you for standing by. I would like to welcome everyone to the City Chic Collective HY 2024 results conference call. (Operator Instructions)

Thank you. I will now hand the call over to Mr. Phil Ryan, Managing Director and CEO. You may begin your conference.

Phil Ryan - City Chic Collective Limited - MD & CEO

Thank you, Sagar. Good morning, everyone, and thanks for joining us today. I'm Phil Ryan, Chief Executive Officer of the City Chic Collective, and I'm joined today by Peter McClelland, our CFO. I'll run through our presentation starting with the results overview outside, I'll then give an update on our strategic action and a little more detail on the financials, finishing with a trading update and outlook.

Moving to slide 4. We gained momentum into the second quarter in all of our strategic initiatives around our customer, product, and costs. We've retained gross margins at targeted levels at Australia and New Zealand and delivered the expected improvements in margins in the US through the second quarter. We

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