Lovisa Holdings Ltd
LOV: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.Nn | LOCK|%dp | LOCK|nH%qCkB |
Lovisa: Store Rollout Progressing; While Underlying Sales Growth Is Faltering, It Should Rebound
Lovisa's global store rollout is continuing. The fast fashion jewelry retailer is on track to open over 100 stores in fiscal 2026 after adding 44 stores in the year to date. Total sales are up 26% on the prior year, largely driven by new stores. Same-store sales grew 4%.
