Lovisa Holdings Limited

ASX:LOV

Lovisa Holdings Limited

ASX:LOV
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$29.00 (-2.9%)
Last close price
#72
Rank
13
Held by
39
Followers
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Ipsum
Company Report
Last edited 7 months ago
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ranked
#179
Performance (50m)
-17.7% pa
Followed by
8
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#ASX Announcements
stale
Ipsum
Added 7 months ago
View author's company report

Following the ASX announcement this morning of the CEO departure I'm reluctantly selling.

This was one I was looking forward to holding for years to come. The timing of the announcement worries me, and I've been burnt before by unexpected CEO departures.

It's possible this is positive news, and a change was needed.

If the new CEO is able to deliver more store growth (particularly waiting to see what happens with China) I'll look for the right price to buy back in.