Highlights

  • Lovisa increased FY26 Revenue by 17.6% to AUD 938.8 million, with comparable store sales rising 2.0%.
  • The jewellery retailer opened 160 stores and ended FY26 with 1,136 locations across more than 50 markets.
  • FY26 EBIT climbed 14.1% to AUD 158.2 million, while net profit increased 10.7% to AUD 95.6 million.
  • Lovisa shares rose 5.87% to AUD 28.70 on 5 November, with a session high of AUD 29.17.

A jewellery chain that now spans more than 50 markets delivered another year of network expansion for Lovisa Holdings Limited (ASX:LOV). The retailer’s FY26 results show revenue approaching AUD 1 billion, a higher store count and growth in operating profit. On 5 November 2026, its shares finished at AUD 28.70, up 5.87%. The market movement provides a trading snapshot alongside the company’s previously reported full-year performance.

Global Store Rollout Drives the Sales Story

Lovisa reported FY26 revenue of AUD 938.8 million, up 17.6% from AUD 798.1 million a year earlier. Comparable store sales increased 2.0%, demonstrating that annual growth incorporated both the existing estate and the opening of additional locations.

The company opened 160 stores during the financial year and reported 1,136 stores at year end, a net increase of 105 after closures and relocations. Its Annual Report identified locations across more than 50 markets. Europe and the Americas were key regions for the rollout, alongside additions in Asia-Pacific and Africa and the Middle East.

Store openings are completed milestones, while the effect of those openings on later-year Earnings remains subject to trading performance.

Profitability Follows the Larger Footprint

Earnings before interest and tax reached AUD 158.2 million, a 14.1% increase. Net profit after tax rose 10.7% to AUD 95.6 million. Gross Profit was AUD 775.3 million and gross Margin improved to 82.6%, compared with 82.0% in FY25.

These earnings figures measure FY26 performance rather than results for the first months of FY27. Operating Cash Flow rose 21.0% to AUD 294.5 million, providing another measure of the retailer’s completed financial year. The figures show that the store rollout occurred alongside reported improvements in revenue, gross margin and cash generation.

Early FY27 Trading Enters the Picture

In its August full-year announcement, Lovisa said total sales for the first eight weeks of FY27 increased 16.4% on a constant-currency basis. Comparable store sales grew 3.0% over the same early period. The eight-week measure is not a complete first-quarter or half-year result and should not be extended to later trading without a new company disclosure.

The board declared a final Dividend of 33 Australian cents per share, 50% franked, taking FY26 dividends to 86 cents per share. The dividend statement relates to FY26 distributions, not a forecast of future dividends.

The Next Chapter for a Global Retailer

Lovisa released its FY26 annual report and AGM notice in October 2026, following the August results. These documents provide shareholders with the operating record for the completed financial year and information for its upcoming governance process.

The stock traded between AUD 28.14 and AUD 29.17 on 5 November, with 585,749 shares changing hands. Market Capitalisation was approximately AUD 3.18 billion, while the reported one-year share-price change was negative 22.62%. The next operating disclosures will show how its expanded store network performs beyond the early FY27 trading period.