The Lovisa Holdings Ltd (ASX: LOV) share price has jumped 12% in response to its FY26 result.
Lovisa is a leading retailer of jewellery in Australia, Europe, the USA and so on.
FY26 result
Here are the highlights from the report for the 12 months to 28 June 2026:
- Revenue grew 17.6% to $938.8 million
- Gross profit rose 18.4% to $775.3 million
- EBITDA (EBITDA explained) increased by 20.9% to $301.1 million
- Net profit after tax (NPAT) grew by 10.7% to $95.6 million
- Full-year dividend per share up 11.7% to $0.86
What happened in this result?
The company said the growth of its depreciation and interest expense both reflect the growth of the store network, with depreciation of store fit outs and lease right of use assets increasing in line with store numbers.
Lovisa reported that its global store count increased to 1,136 at the end of FY26, which was an increase of 105 locations, or a 10.2% rise in percentage terms.
Some of the largest store count increases came in North America and Europe. There were 30 new stores in the UK, 21 in the USA, 20 in Canada and 16 in Germany.
Its store count also increased in Australia, South Africa, Zambia, Ireland, Spain, Belgium, the Netherlands, Switzerland and its Middle East & Africa franchise.
The company’s 7-store UK trial of the new Jewells business continues.
Outlook for the Lovisa share price
The company has a very compelling outlook, in my view. Its FY27 trading has started off strongly.
In the first eight weeks of the 2027 financial year, total sales were up 16.4% on a constant currency basis compared to FY26.
Perhaps even more impressively, Lovisa reported comparable store sales growth of 3% during those first eight weeks, with improving momentum in August.
It continues to focus on opportunities for expanding its physical and digital store network, with structures in place to drive this growth in existing and new markets and formats.
I think it’s one of the leading ASX growth shares for Aussie investors to consider for both growth and dividends. I expect it will be a much larger business in three and five years from now, so it could be worth buying today.
