Luk Fook Posts Strong Q3 Retail Recovery as Same-Store Sales Jump 15%

An update from Luk Fook Holdings (International) ( (HK:0590) ) is now available.

Luk Fook Holdings reported a strong rebound in retail performance for the third quarter of its financial year ending 31 March 2026, with overall retail sales value up 26% year-on-year and retailing revenue rising 17%, significantly outperforming the previous two quarters despite a relatively high comparison base. Same-store sales improved to +15%, driven by robust demand across Hong Kong, Macao, overseas and Mainland China markets, while the mix of fixed price gold products increased, and fixed price jewellery same-store sales rose 17%, supported by a 32% gain in fixed price gold and stabilization in 18K gold diamond sales; the group also noted improved performance in gold products despite sharply higher international gold prices and continued to rationalize its network with a net reduction of 40 shops in the quarter, while adding 17 new overseas shops in the first nine months of the financial year.

The most recent analyst rating on (HK:0590) stock is a Buy with a HK$35.20 price target. To see the full list of analyst forecasts on Luk Fook Holdings (International) stock, see the HK:0590 Stock Forecast page.

More about Luk Fook Holdings (International)

Luk Fook Holdings (International) Limited is a Greater China-based jewellery retailer engaged primarily in the sale of gold, platinum and fixed-price jewellery products through a network of self-operated and licensed shops, as well as e-commerce channels. The Group operates across Hong Kong, Macao, Mainland China and overseas markets, with a product mix that is heavily weighted toward gold and platinum sold by weight, complemented by fixed price gold and diamond jewellery offerings.

Average Trading Volume: 1,424,001

Technical Sentiment Signal: Buy

Current Market Cap: HK$15.08B

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