LOV 2.70% $36.09 lovisa holdings limited

Well kudos to Victor for pocketing a cool $15m and why shouldn't...

  1. 984 Posts.
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    Well kudos to Victor for pocketing a cool $15m and why shouldn't he with this brilliant result:

    Key takeaways:
    • USA now place it as our largest individual market.
    • All markets continued to grow strongly for the half year with Asia in particular recovering well from disrupted sales in prior years.
    • In response to inflationary pressures, we implemented price increases during Q3 of FY22, which helped to deliver strong sales growth through Q4 of FY22 and which continued through H1 FY23, with minimal impact experienced in sales volumes.
    • Trading for the first 7 weeks of the second half saw comparable store sales for this period up 12.3% on FY22. Total sales for this period are 24% up on the same period in FY22
    • NPAT up 32%

    Ability to increase prices and roll out stores at such a stunning rate of growth compound by YoY same store sales growth..... Pretty sure this is an indicator that, despite the looming threat of interest rates ,it isn't having any impact on this gem of a retailer.
 
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Last
$36.09
Change
0.950(2.70%)
Mkt cap ! $3.959B
Open High Low Value Volume
$35.73 $36.23 $35.66 $4.795M 135.7K

Buyers (Bids)

No. Vol. Price($)
1 80 $36.06
 

Sellers (Offers)

Price($) Vol. No.
$36.19 696 1
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
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