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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Cettire
Cettire (CTT) investor relations material
Cettire H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2026 earnings summary26 Aug, 2026
Executive summary
Gross revenue reached $953.4 million and sales revenue was $718.4 million, both broadly stable year-on-year, with ex-US sales revenue up 14% to $420 million.
Adjusted EBITDA rose to $17.1 million, a $16.7 million year-over-year improvement, with a margin of 2.4%.
Active customers totaled 605,000, with repeat customers accounting for 68% of gross revenues and an average order value of $904.
Geographic diversification advanced, with 44% of gross revenue from emerging markets, up from 37% in FY25.
The business maintained a capital-light model, closing with $28 million in cash and zero financial debt.
Financial highlights
Sales revenue declined 3% year-on-year, mainly due to US tariff changes and softer demand, while ex-US sales revenue increased 14%.
Adjusted EBITDA margin improved to 2.4% from 0.0% in FY25.
Delivered margin was 15.1% of sales, impacted by higher US duties but partially offset by lower promotional activity.
Paid acquisition expenses reduced to 4.6% of sales revenue.
Cash position at year-end was $27.8 million, with no financial debt.
Outlook and guidance
FY27 began with approximately 22% year-over-year gross revenue growth YTD, with ex-US growth exceeding this rate.
Positive adjusted EBITDA achieved in July 2026.
Sector fundamentals remain robust, with industry studies forecasting a rebound in luxury goods in 2026.
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Latest events from Cettire
- Gross revenue hit $975.3m in FY25, with 68% from repeat customers and strong global growth focus.CTT
AGM 2025 Presentation - Adjusted EBITDA rebounded to $8.7M as non-US sales rose 13% despite US market challenges.CTTH1 2026
- Adjusted EBITDA rose to $2.5M as ex-USA revenue surged 18% despite a 3% sales dip overall.CTTQ1 2026 TU
- Stable revenue, break-even EBITDA, and rising repeat sales amid luxury market headwinds.CTTH2 2025
- Strong growth, board refresh, and profit focus drive resilience amid luxury market challenges.CTTAGM 2024
- Q1 FY25 sales up 22% and profitability improved, with active customers up 43% year-over-year.CTTQ1 2025 TU
- Gross revenue up 81% to $978.3M, sales up 78%, and FY25 shifts to profit focus.CTTH2 2024
- Cettire launches in China and forecasts robust FY24 growth amid tougher luxury market conditions.CTTTrading Update
- Gross revenue up 12% to $514.1M, with strong cash and EBITDA despite margin pressure.CTTH1 2025
Next Cettire earnings date
Q1 202717 Nov, 2026
Cettire
Next Cettire earnings date
Q1 202717 Nov, 2026
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Frequently asked questions
Cettire Limited is an Australian-based company specializing in online luxury goods retail. The company operates globally, providing an extensive range of personal luxury items, including clothing, shoes, bags, and accessories, via its website, cettire.com. Cettire's product offerings encompass over 2,500 luxury brands and 400,000 products. The brands featured include high-end names such as Prada, Gucci, Saint Laurent, Balenciaga, Valentino, Balmain, Burberry, Chloe, Fendi, Givenchy, Versace, and others. The company caters to both men and women, offering a broad selection of designer wear. The company is headquartered in Melbourne, Australia, and its shares are listed on the ASX.