July 2 (Reuters) - Lovisa Holdings Ltd (LOV) :
- AT END OF FY, CO NOW TRADES FROM 434 STORES, INCLUDING FRANCHISE STORES
- MADE DECISION TO REINSTATE MAJORITY OF OUR TEAMS
- DISRUPTION TO NORMAL TRADING CONDITIONS THROUGHOUT Q4 RESULTED IN SIGNIFICANT REDUCTION IN SALES FOR THAT PERIOD
- MADE DECISION NOT TO RE-OPEN STORES IN SPAIN AND TO EXIT SPANISH MARKET
- EXPECTS IMPAIRMENT CHARGE AND ASSOCIATED PROVISIONS AGAINST BUSINESS IN SPAIN OF ABOUT A$3.3 MILLION IN FY20
- SALES REVENUE (EXCLUDING FRANCHISE REVENUE) FOR FY ENDED 28 JUNE OF $237 MILLION, COMPARED TO $249M IN IN FY19
- ONLINE BUSINESS WAS ABLE TO DELIVER 256% GROWTH ON PRIOR YEAR DURING Q4
- DISCUSSIONS WITH LANDLORDS ARE CONTINUING IN RELATION TO RENT SUBSIDIES & ABATEMENTS THROUGHOUT CLOSURE PERIOD & BEYOND
- TO REINSTATE MAJORITY OF OUR TEAMS
News: LOV Lovisa Holdings Says Made Decision To Exit Spanish Market
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Last
$35.31 |
Change
0.330(0.94%) |
Mkt cap ! $3.909B | |||
| Open | High | Low | Value | Volume |
| $34.98 | $35.67 | $34.76 | $4.727M | 134.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $35.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.31 | 300 | 1 |
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| Last trade - 16.10pm 12/08/2025 (20 minute delay) ? |
| LOV (ASX) Chart |