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Harvey Norman Holdings Ltd ( (AU:HVN) ) has issued an update.
Harvey Norman Holdings Ltd presented an overview of its international store operations and expansion strategy at its Annual General Meeting. The company highlighted its recent store openings, including a major expansion in Queensland, Australia, and new locations in New Zealand’s South Island, which enhance its market presence. The expansion reflects Harvey Norman’s strategic focus on large format retail in high-value metropolitan growth centers. The company also celebrated the 10th anniversary of its flagship store in Singapore, emphasizing its success in delivering exceptional in-store experiences.
The most recent analyst rating on (AU:HVN) stock is a Buy with a A$7.70 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 omni-channel retailer in the home, lifestyle, and tech sectors, operating 195 franchised complexes and 121 company-operated stores across eight countries. The company offers a vast range of over 300,000 products from more than 5,000 brands, leveraging strong commercial relationships with manufacturers and suppliers. Harvey Norman is known for its significant international footprint and sustained growth, with a focus on integrating AI-enabled technology into its product offerings.
Average Trading Volume: 2,161,003
Technical Sentiment Signal: Buy
Current Market Cap: A$9.13B
See more data about HVN stock on TipRanks’ Stock Analysis page.