Lovisa Holdings Limited

ASX:LOV

Lovisa Holdings Limited

ASX:LOV
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$31.72 (+2.7%)
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#25
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23
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43
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Rapstar
Company Report
Last edited 2 months ago
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#H1 FY 2024 Results
Rapstar
Added 2 months ago
View author's company report

Key takeaways & important update:

  • revenue up 18% ( $373 M)
  • Profit up: 11.7% ($72.7 M)
  • Store roll out: network now at 860 stores, with 9 new stores opened in 2024.
  • LFL sales in 2024 up 0.3%
  • Overall sales up $19.6 on PCP for January 2024.


Summary new store sales growth more than offsetting LFL store sales growth. 3 new markets - China, Vietnam, and Ireland opened in 2024.

Looks like a long runway of growth form US, Europe, and China........