Earnings call transcript: Lovisa H2 2026 profit growth lifts shares 15%

Lovisa Holdings reported a 14.6% increase in full-year sales to AUD 940.1 million in FY26, while net profit after tax rose 10.7% to AUD 95.6 million. The fast-fashion jewelry retailer continued expanding its store base and improving margins, with gross margin reaching 82.6%, up 60 basis points. The company opened 160 new stores in FY26, now operating 1,136 stores across 50+ markets.

Strong trading in the first eight weeks of FY27 saw sales up 16.4% on a constant-currency basis, while comparable store sales grew 3%. Shares jumped 15.47% to $28.29, near the middle of its 52-week range. Lovisa delivered strong results across regions, with Europe and the Americas each posting around 30% sales growth. The company aims to continue expanding with another 160 store openings in FY27 and maintains a dividend yield of 3.27%.