• Lovisa Holdings Ltd (ASX:LOV) shares were trading 1.26% higher at $25.63 during the 23 October 2026 session.
  • FY26 Revenue rose 17.6% to $938.8 million, with 160 new stores opened and 1,136 stores at year end.
  • Net profit after tax was $95.6 million, and full-year dividends were 86 cents per share.

Shares in Lovisa Holdings Ltd (ASX:LOV) were trading 1.26% higher at $25.63 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. Lovisa Holdings is a global fashion jewellery retailer with an ASX listing. The company released its full-year 2026 results on 27 August 2026.

Latest development: FY26 group results (27 August 2026)

Lovisa reported FY26 revenue of $938.8 million, up 17.6% from $798.1 million, with comparable store sales up 2.0%. Gross Profit was $775.3 million, up 18.4%, and gross Margin was 82.6%, up 60 basis points. EBITDA was $301.1 million, up 20.9%, EBIT was $158.2 million, up 14.1%, and net profit after tax was $95.6 million, up 10.7%. Earnings Per Share were 86.3 cents, up 10.5%. Net profit before tax was $134.1 million, up 13.5%, and Operating Cash Flow was $294.5 million, up 21.0%. Depreciation and interest expense increased in line with the larger store network, reflecting store fit-outs, right-of-use Assets and Lease liabilities, and the company continued to invest in technology, Supply chain and global retail operations.

The company said EBIT included start-up costs for Jewells, a seven-store trial Brand in the United Kingdom. A final Dividend of 33.0 cents per share, 50% franked, was declared, up 22.2%, taking full-year dividends to 86 cents, up 11.7%, which represents 100% of full-year earnings.

Latest development: store network growth

Lovisa opened 160 new stores during the year, taking its global network to 1,136 stores across more than 50 markets. Europe accounted for the largest share of openings with 76 new stores, including 34 in the United Kingdom and 20 in Germany, while the Americas added 44 stores. Revenue in the Americas rose 29.6% and in Europe rose 29.5%. The company closed 43 underperforming stores and completed 12 relocations during the year, and said it will act on stores that do not deliver required returns where landlords do not provide a profitable rent.

Latest development: trading update

For the first eight weeks of FY27, total sales rose 16.4% on a constant currency basis and comparable store sales rose 3.0%, with the company noting improving momentum in August. It said new store Investment and refurbishments continue to be funded from existing cash flows.

About Lovisa and what it does

Lovisa designs, sources and sells fashion jewellery and accessories through company-operated stores and online channels. It has a global store network that spans Australia, the Americas, Europe and other regions, with the Americas and Europe the fastest-growing areas in the latest results.

Risks and catalysts on watch

Items referred to in the release include the start-up costs of the Jewells trial, the closure of underperforming stores, landlord rent negotiations, the cost base associated with store growth and the 50% franking on the final dividend. EBIT and net profit after tax grew more slowly than revenue.

Items that may attract attention include continued store openings, the performance of the UK Jewells trial brand, trading updates for FY27 and growth in the Americas and Europe.

Final perspective

Lovisa shares were higher on 23 October 2026 as the consumer discretionary index also gained. The company's results of 27 August 2026 showed higher revenue, profit and dividends, alongside increased expansion and start-up costs. Future updates will be released through the ASX.