Harvey Norman Holdings Ltd (ASX:HVN) Today: Share Performance and Latest Announcement

Sonal Goyal

23 October 2026 02:45 PM AEDT

Harvey Norman Holdings Ltd (ASX:HVN) Today: Share Performance and Latest Announcement

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Harvey Norman Holdings Ltd (ASX:HVN) shares were trading 2.23% higher at $4.13 during the 23 October 2026 session.
FY26 results showed system sales Revenue of $9.64 billion and reported profit before tax of $790.29 million.
A fully franked final Dividend of 13.0 cents per share was recommended, taking the full-year dividend to 27.5 cents.

Shares in Harvey Norman Holdings Ltd (ASX:HVN) were trading 2.23% higher at $4.13 during the Trading session on 23 October 2026. During the same session, the S&P/ASX 200 Consumer Discretionary index (XDJ) was up 1.77%, or 65.10 points, at 3,742.80 at 1:31 pm AEDT, the S&P/ASX 200 (XJO) was up 0.38% at 8,760.00 and the All Ordinaries was up 0.54% at 8,868.90. Harvey Norman is an Australian retail, Franchise and property group. The company's latest results announcement, covering FY26, was dated 28 August 2026.

Latest development: FY26 results announcement (28 August 2026)

Harvey Norman reported total system sales revenue of $9.64 billion for the year ended 30 June 2026, up 3.1%. This comprised $6.58 billion in aggregated Australian Franchisee sales and $3.05 billion in overseas company-operated sales. EBITDA was $1,181.95 million, up 5.0%. Reported profit before tax was $790.29 million, up 4.9%, and profit after tax and non-controlling interests was $528.46 million, up 2.0%. Basic Earnings Per Share were 42.41 cents, up 2.0%.

Excluding the net impact of AASB 16 Leases, net property revaluations and a pecuniary penalty recognised in FY26, profit before tax was $654.69 million, up 10.9%. On the same basis, profit after tax and non-controlling interests was $437.81 million, up 8.6%.

Latest development: segment results

The franchising operations segment recorded profit before tax of $345.18 million, broadly in line with FY25, on revenue of $1.09 billion, up 4.3%. The company said the segment's Margin was 5.24% despite softer trading conditions in the second half. The overseas company-operated retail segment recorded profit before tax of $135.72 million, up 23.4%, and the company noted its ongoing expansion in the United Kingdom, including operations in the West Midlands and Northern Ireland.

The property segment recorded profit before tax of $333.49 million, up 3.7%, including a net property Revaluation increment of $156.75 million. Excluding revaluations, property segment profit rose 5.7% to $176.74 million.

Latest development: Balance Sheet and dividend

Total Assets rose 5.7% to $8.85 billion and net assets rose 2.0% to $4.94 billion, with a net Debt-to-Equity Ratio of 18.81%. Operating cash flows were $537.22 million. The board recommended a fully franked final dividend of 13.0 cents per share, payable on 12 November 2026 to shareholders registered on 7 October 2026. Total fully franked dividends for FY26 were 27.5 cents per share, compared with 26.5 cents in FY25.

About Harvey Norman and what it does

Harvey Norman Holdings operates a franchise-based retail model in Australia under the Harvey Norman, Domayne and Joyce Mayne brands, with franchisee sales not forming part of the consolidated financial results. The group earns franchise fees, rent and financial accommodation income from franchisees. It also owns company-operated retail stores in New Zealand, Asia and Europe and holds a substantial property portfolio, which includes the land and buildings used by many of its stores.

Risks and catalysts on watch

The announcement referred to more variable retail conditions in the second half, softer trading in the franchising segment and inflationary pressures on costs. Reported earnings also include property revaluation gains and a pecuniary penalty, which are non-operating items. The overseas segment includes the cost of the United Kingdom expansion.

Items that may attract attention include the November 2026 dividend payment, the progress of the United Kingdom roll-out, property revaluations and trading in technology categories, which the company said continued to show momentum from AI-enabled products and devices.

Final takeaways

Harvey Norman shares were higher on 23 October 2026 alongside the consumer discretionary index. The company's FY26 results of 28 August 2026 showed higher sales and earnings, a net property revaluation gain and a larger full-year dividend. Further announcements will be made through the ASX.

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