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Harvey Norman Holdings Ltd ( (AU:HVN) ) has issued an announcement.
Harvey Norman Holdings Ltd has reaffirmed its commitment to supporting local manufacturing by actively participating in Australian Made Week. The company hosted an in-store panel to celebrate the event, emphasizing the importance of Australian-made products in its offerings. With over 85% of its sleep surface stock and more than 20% of its furniture being Australian-made, Harvey Norman continues to play a vital role in promoting local manufacturers, which is crucial for the survival and growth of the industry.
The most recent analyst rating on (AU:HVN) stock is a Sell with a A$4.80 price target. To see the full list of analyst forecasts on Harvey Norman Holdings Ltd stock, see the AU:HVN Stock Forecast page.
More about Harvey Norman Holdings Ltd
Harvey Norman Holdings Ltd is a prominent player in the retail industry, primarily focusing on furniture, bedding, computers, communications, and consumer electrical products. The company is known for its extensive network of stores across Australia and its commitment to supporting local manufacturers, as evidenced by its significant stock of Australian-made products.
Average Trading Volume: 1,364,607
Technical Sentiment Signal: Buy
Current Market Cap: A$7.69B
For an in-depth examination of HVN stock, go to TipRanks’ Overview page.