More important is the big picture, as Gaurav Sodhi of Intel*ligent Investor pointed out recently:
"Lovisa is the best retailer I have ever seen. High margins combine with high inventory turn to generate sensational economic returns on a per store basis. Best of all, Lovisa is rolling out stores all over the world, including its 200th store in the US earlier this month."
"Australian investors have never seen a successful international retail rollout. Lovisa is doing just that before our eyes, successfully replicating a proven formula in proven markets. We need only recognise that this could be a significantly larger business in years ahead.
The time to buy is among fear and worry. A cyclical downturn will eventually pass; the long-term opportunity is clear."
https://www.intel ligentinvestor.com.au/recommendations/lovisa-back-to-buy/153017
More important is the big picture, as Gaurav Sodhi of...
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$32.42 |
Change
0.700(2.21%) |
Mkt cap ! $3.589B | |||
| Open | High | Low | Value | Volume |
| $31.87 | $32.69 | $31.55 | $10.56M | 325.8K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 683 | $32.34 |
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| Price($) | Vol. | No. |
|---|---|---|
| $32.57 | 2000 | 1 |
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