Cettire (ASX:CTT) shares gain after Q1 FY23 update

By - Bhawna Gupta

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Highlights

  • On Tuesday (October 11), Cettire (ASX:CTT) shared its financial results for the first quarter of FY23.
  • The company’s shares closed 1.20% higher at AU$0.85 per share on the ASX today.
  • Cettire is an online retailer of luxury goods in Australia and other countries.

On Tuesday (October 11), luxury online retailer Cettire Ltd (ASX:CTT) shared its financial results for the first quarter of FY23.

On the back of the news, shares of Cettire closed 1.20% higher at AU$0.85 per share on the ASX today. This outperformed the ASX 200 index, which closed at 6645.00 points, up by 0.34%, on Tuesday.

A look at CTT’s Q1FY23 report card

Image source: © 2022 Kalkine Media®

Data source: Company announcement dated 11 October 2022

About Cettire

Cettire is an online retailer of luxury goods in Australia and other countries that sells apparel for men, women, and children as well as shoes, bags, and accessories. The company is headquartered in Melbourne, Australia, and it was founded in 2020.

Image source: © 2022 Kalkine Media®

Data source: Company announcement dated 11 October 2022

Stock performance

Cettire shares have fallen around 13% in the last six months and more than 76% on a year-to-date (YTD) basis.