BUZZ-Australia's Cettire logs worst day in over 8 months on swinging to HY loss, dull outlook

Reuters
02/26
BUZZ-Australia's <a href="https://laohu8.com/S/CTT.AU">Cettire</a> logs worst day in over 8 months on swinging to HY loss, dull outlook

** Shares of fashion retailer Cettire CTT.AX slips as much as -27.78% to A$0.325, posting their biggest intraday pct loss since June 12, 2025

** Stock hits its lowest since September 2, 2025

** CTT swings to a first‑half net loss after tax attributable of A$1.1 million ($784,410) from a A$4.7 million profit a year earlier, with rev slipping 2.8% YoY

** Co says Q3‑YTD gross rev is down 13% from a year earlier but expects growth to strengthen in Q4 across the U.S. and the wider group as it cycles last year’s U.S. trade‑policy changes and gains momentum from expanding its geographic rev base

** Also expects FY26 sales to come in broadly in line with FY25.

** Stock down 58.9% YTD

($1 = 1.4023 Australian dollars)

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))

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