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Luk Fook Posts Strong Q4 Sales on Surging Gold Demand

Story Highlights
  • Luk Fook delivered strong Q4 growth, with retail sales value up 19% and revenue up 36% year-on-year.
  • Same-store sales jumped 33% on robust gold demand, as Hong Kong, Macao and overseas markets led gains.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Luk Fook Posts Strong Q4 Sales on Surging Gold Demand

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Luk Fook Holdings (International) ( (HK:0590) ) has issued an update.

Luk Fook Holdings reported a strong rebound in retail sales for the fourth quarter ended 31 March 2026, despite facing a very high comparison base from a year earlier. The group’s overall retail sales value rose 19% year-on-year, while retailing revenue surged 36%, driven mainly by higher contributions from gold and platinum products, which expanded to 82% of the sales mix.

Same-store sales climbed 33% in the quarter, with gold products up 42% and fixed-price jewellery up 10%, even as international gold prices in U.S. dollar terms rose more than 70% year-on-year. Hong Kong, Macao and overseas markets outpaced earlier quarters with retail sales value, revenue and same-store sales growing in excess of 39%, underscoring solid demand and supporting the group’s continued shift toward gold investment products.

The most recent analyst rating on (HK:0590) stock is a Buy with a HK$36.74 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 jewellery retailer focused on gold, platinum and fixed-price jewellery products. The group operates self-operated and licensed shops, as well as e-commerce platforms, with core markets in Hong Kong, Macao, mainland China and overseas locations.

Average Trading Volume: 1,821,509

Technical Sentiment Signal: Buy

Current Market Cap: HK$13.64B

Find detailed analytics on 0590 stock on TipRanks’ Stock Analysis page.

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