The Lovisa Holdings Ltd (ASX: LOV) share price is in focus after the company posted full year revenue of $938.8 million, up 17.6%, and net profit after tax rising 10.7% to $95.6 million.
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What did Lovisa Holdings Limited report?
- Total revenue increased 17.6% to $938.8 million
- Comparable store sales rose 2.0%
- EBIT grew 14.1% to $158.2 million
- Net profit after tax climbed 10.7% to $95.6 million
- Operating cash flow up 21.0% to $294.5 million
- Full year dividend increased 11.7% to 86 cents per share
What else do investors need to know?
Lovisa opened 160 new stores during the period, finishing the year with a total of 1,136 stores across more than 50 markets. Store expansion was strongest in Europe, with 76 new stores including 34 in the UK and 20 in Germany.
The company closed 43 underperforming stores and relocated 12, signalling ongoing focus on store profitability and optimisation. Investment continued in technology, supply chain, and global retail operations to support expansion, all fully funded by existing cash flows.
What did Lovisa Holdings management say?
Lovisa's Global Chief Executive Officer, John Cheston, said:
Lovisa has once again been able to deliver strong global sales and profit growth, with the highlights being continued growth in the Americas and Europe and another exceptional Gross Margin performance. I would like to share my appreciation to the global team for their hard work in delivering these outstanding results and continuing the global momentum of the business.
What's next for Lovisa Holdings?
Looking ahead to FY27, Lovisa reported a solid start with total sales up 16.4% (on a constant currency basis) and comparable store sales up 3.0% in the first 8 weeks. The company aims to keep expanding its physical and digital presence, supported by a strong balance sheet and steady cash flows.
Management says they remain focused on store rollout momentum, particularly in both established and new markets, with structures in place to drive growth and enhance shareholder returns.
Lovisa Holdings share price snapshot
The Lovisa share price has been among the worst performers on the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a decline of 33%.
