1H FY26 Half Year Results Announcement
| Stock | Lovisa Holdings Ltd (LOV.ASX) |
|---|---|
| Release Time | 19 Feb 2026, 8:13 a.m. |
| Price Sensitive | Yes |
Lovisa Reports Strong 1H FY26 Results
- Total Revenue up 23.3% to $500.7m
- Lovisa Underlying EBIT up 20.4% to $109.1m
- Lovisa Underlying NPAT up 21.5% to $69.6m
- Interim Dividend up 3 cents to 53 cents per share
Lovisa Holdings Limited has reported strong financial results for the first half of the 2026 financial year. Total revenue for the period was $500.7 million, up 23.3% on the prior corresponding period. This was driven by continued growth in the store network, with comparable store sales also contributing 2.2% growth. Lovisa's underlying gross margin expanded by 50 basis points to 82.9%, reflecting the company's focus on sourcing, promotion efficiency, and shrinkage management. Underlying EBIT grew 20.4% to $109.1 million, while underlying NPAT increased 21.5% to $69.6 million. The company opened 85 new stores during the half, taking the global store network to 1,095 stores across more than 50 markets. Lovisa's balance sheet remains strong, enabling the company to announce an interim dividend of 53 cents per share, 50% franked. Trading in the first 7 weeks of the second half has seen total sales up 21.5% and comparable store sales up 1.6% compared to the same period last year. Lovisa remains focused on opportunities to expand its physical and digital store network, with structures in place to drive continued global growth.
For the 2026 financial year, Lovisa expects to continue its strong store rollout momentum, with further expansion of its physical and digital store network across existing and new markets and formats. The company's balance sheet remains strong, supporting continued investment in growth.
Lovisa is well positioned to continue its global store rollout and expansion of its physical and digital store network. The company expects to maintain the strong momentum in new store openings, with a focus on driving growth in both existing and new markets.