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Lovisa Holdings Sees Revenue and Profit Growth Amid Global Expansion

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Lovisa Holdings Sees Revenue and Profit Growth Amid Global Expansion

An update from Lovisa Holdings Ltd. ( (AU:LOV) ) is now available.

Lovisa Holdings Limited reported an 8.8% increase in revenue for the half-year ended December 2024, alongside a 6.5% rise in net profit after tax to $56.9 million. The company also achieved a 0.1% increase in same-store sales and opened 43 new stores worldwide, boosting its gross profit margin to 82.4% from 80.7% in the previous year.

More about Lovisa Holdings Ltd.

Lovisa Holdings Limited operates in the fashion retail industry, specializing in affordable jewelry and accessories. The company has a global presence with an expanding network of stores.

YTD Price Performance: -3.33%

Average Trading Volume: 25

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.97B

See more insights into LOV stock on TipRanks’ Stock Analysis page.

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