Harvey Norman Holdings Ltd
HVN: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|#G | LOCK|@>h | LOCK|YYLxrZ |
Harvey Norman Earnings: Australian Franchisees Beat but More Than Offset by Overseas Troubles
Harvey Norman’s global system sales lifted 4% in interim fiscal 2025. Australian franchised sales increased by 6%, due to improving demand. However, underlying group profit after tax was up only 1% to AUD 216 million, as New Zealand and the UK dragged.
