An announcement from Lovisa Holdings Ltd. ( (AU:LOV) ) is now available.
Lovisa Holdings Ltd. reported strong financial performance for the first half of fiscal year 2025, with an 8.8% increase in revenue to $405.9 million driven by store expansion and a slight growth in comparable store sales. The company achieved a notable gross margin of 82.4%, reflecting strategic pricing and promotion management, and declared an interim dividend of 50.0 cents per share. While the cost of doing business rose due to investments and market conditions, the impact was mitigated by reduced CEO Long-Term Incentive expenses. Lovisa’s effective tax rate increased, and capital expenditure focused on new store fit-outs, underscoring a robust financial position that supports continued growth and dividend assessments.
More about Lovisa Holdings Ltd.
Lovisa Holdings Ltd. operates in the retail industry, primarily focusing on fashion jewelry. The company has a significant global presence, expanding its store network to 943 locations as of the first half of the fiscal year 2025.
YTD Price Performance: -3.33%
Average Trading Volume: 25
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.97B
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