.
For the first time in 30 years, Harvey Norman Holdings Limited (ASX:HVN) will see out 2012 without opening a store on home turf.
Instead, the retailer’s heading offshore where founder Gerry Harvey told Fairfax Media there is more opportunity and incentive.
He told the Australian Financial Review plans are to increase offshore store numbers in Malaysia by 10 by the end of the year. He’s already started elsewhere around the globe, with 14 stores in Singapore, one in Croatia and one in Slovenia.
Harvey Norman’s domestic sales dropped 3.8 per cent in the first quarter.
Harvey Norman reported a net profit of $259.6 million in fiscal 2011.
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Last
$5.93 |
Change
0.050(0.85%) |
Mkt cap ! $7.388B | |||
| Open | High | Low | Value | Volume |
| $5.90 | $5.98 | $5.88 | $7.358M | 1.240M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6143 | $5.93 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.94 | 373 | 1 |
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| Last trade - 16.10pm 12/08/2025 (20 minute delay) ? |
| HVN (ASX) Chart |