• Revenue up 14.2% to $798.1m
• Gross Margin expanded 100bps to 82.0%
• EBIT up 8.2% to $138.7m, NPAT up 4.8% to $86.3m

Lovisa Holdings Limited has reported strong financial results for the full year ended 30 June 2025, with revenue increasing 14.2% to $798.1 million and net profit after tax (NPAT) rising 4.8% to $86.3 million. The company's global store network grew to 1,031 stores across more than 50 markets, with 162 new stores opened during the year. Comparable store sales were up 1.7% on the prior year. Gross profit increased 15.7%, with gross margin expanding 100 basis points to 82.0%, building on the 110 basis point improvement delivered in FY24. This strong gross margin performance was driven by continued focus on pricing and promotion management. Investment was made into team structures and technology to support the growing global business, as well as increased spend on digital marketing and events, resulting in higher costs. However, this was offset by a reduction in CEO Long-Term Incentive expense. Lovisa generated strong cash flow, with $243.3 million in cash from operations before interest and tax. The company's strong balance sheet position has enabled the Board to announce an unfranked final dividend of 27.0 cents per share, taking the full year dividend to 77.0 cents per share. The company continues to focus on store profitability, with 21 stores closed and 10 relocated during the period.

Lovisa expects to maintain its relentless focus on global store expansion, with continued momentum in the store rollout program. The company has made a strong start to FY26, with comparable store sales up 5.6% and total sales up 28.0% in the first 8 weeks.

Lovisa is well positioned to continue its global store rollout across both existing and new markets, with increased support structures in place. The company remains focused on opportunities for expanding its physical and digital store network, and expects store rollout momentum to continue.