Australia · Delayed Price · Currency is AUD Lovisa Holdings Earnings Call Transcripts
Fiscal Year 2026
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FY26 saw robust global expansion with 160 new stores, 14.6% sales growth, and a 60bps gross margin increase to 82.6%. Americas and Europe led with 30% growth each, while FY27 has started strong with sales up 16.4% and comp sales up 3%.
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Delivered record half-year sales above AUD 500 million, with 23.3% total sales growth and 85 new stores opened. Underlying EBIT and NPAT rose over 20%, gross margin reached 82.9%, and strong cash flow supported a higher interim dividend.
Fiscal Year 2025
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FY 2024 saw 14.2% sales growth, 162 new stores, and strong gross margins at 82%. EBIT rose 8.2% and NPAT 4.8%, with a final dividend of AUD 0.27. Early FY 2026 trading is robust, with comp sales up 5.6% and total sales up 28%.
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Half-year results showed 8.8% sales growth and strong gross margins, with EBIT up 10.7% and NPAT up 6.5%. Store network reached 943, led by expansion in Europe and the Americas, and management expects further acceleration in store openings and continued investment in omnichannel growth.
Fiscal Year 2024
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FY2024 saw 17.1% sales growth and 128 new stores, with EBIT up 21.2% and NPAT up 20.9%. Gross margin improved to 81%, and the company expanded into 7 new markets, including China and Vietnam. Outlook remains positive with continued global expansion and strong cash flow.