Lovisa Holdings Limited

ASX:LOV

Lovisa Holdings Limited

ASX:LOV
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$27.19 (+1.4%)
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#67
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14
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39
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Company Report
Last edited 9 months ago
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17.9% pa
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#H1 FY 2024 Results
stale
Rapstar
Added 9 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........