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Lovisa Holdings Limited (ASX:LOV)

ALERT: Price-sensitive ASX Announcement for LOV
Current share price for LOV : $23.030 -7.98 (-25.73%)+
Announcement
Release
19 Feb 2026 8:13AM
Price at Release
$31.010
Full Release
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Summary
Lovisa Holdings Limited reported strong financial performance for the first half of FY26. Total revenue increased by 23.3% to $500.7 million, with comparable store sales up 2.2%. The underlying gross margin improved to 82.9%, a 50 basis point increase, supported by strategic sourcing and operational efficiencies. The company opened 85 new stores, bringing the total to 1,095 worldwide. Despite increased depreciation and interest expenses due to store network expansion, Lovisa reported an EBIT of $98.3 million and NPAT of $58.4 million. The interim dividend was raised by 3 cents to 53 cents per share, 50% franked. Strong cash flow from operations, amounting to $183.8 million, supports ongoing store growth and operational investment. The company is focused on further enhancing its store network and digital presence globally.
Key Points
  • Revenue increased by 23.3% to $500.7 million.
  • Underlying gross margin improved to 82.9%.
  • 85 new stores opened, total now 1,095 globally.
  • Reported EBIT of $98.3 million, NPAT of $58.4 million.
  • Interim dividend increased to 53 cents per share, 50% franked.
  • Cash flow from operations at $183.8 million.
  • Focus on global store and digital network expansion.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.