Overheads? Leases only... And those trinkets have a 80% margin.
First to admit I'm in (was?) love with LOV..and hurting a bit.. But don't think the PE is stretched at these levels..
YE19 PE around 17 (44-45m NPAT)... Not ridiculous given the intl expansion.
Interesting they made no comment on the Mexico store in their presentation. The store exists despite them removing it from their "stores" page on their website.
LFL sales may slow in existing geos but expect plenty of upside from the new territories.
Ann: Lovisa AGM 2018 Presentation, page-7
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Last
$35.76 |
Change
-0.040(0.11%) |
Mkt cap ! $3.959B | |||
| Open | High | Low | Value | Volume |
| $35.92 | $36.23 | $35.41 | $4.019M | 112.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 366 | $35.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.88 | 691 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| LOV (ASX) Chart |