Lovisa stock gains 1.15 percent as FY27 sales rise 16.4 percent

Published on 10/07/2026 at 02:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lovisa stock was trading at AUD 24.70 on October 7, 2026, after first-quarter FY27 sales rose 16.4 percent. FY26 EBIT reached AUD 158.2 million.

Lovisa, AU000000LOV7, Illustration mit AI erstellt.

Lovisa Holdings (ISIN AU000000LOV7) was trading at AUD 24.70 on the ASX on October 7, 2026, up 1.15 percent from the prior close. The latest operating update showed first-eight-week FY27 sales up 16.4 percent on a constant-currency basis, giving the stock a fresh growth measure after the FY26 results.

FY27 sales keep expanding

According to Yahoo Finance on August 26, 2026, Lovisa reported total FY27 sales growth of 16.4 percent during the first eight weeks, while comparable-store sales increased 3 percent. Management also discussed a target of 160 new store openings for FY27, matching the number opened during FY26.

The comparison with the completed year is material. FY26 revenue reached AUD 938.76 million, while EBIT rose 14.1 percent to AUD 158.2 million and net profit after tax increased 10.7 percent to AUD 95.6 million, according to Yahoo Finance.

Store rollout drives the model

Lovisa ended FY26 with 1,136 stores in more than 50 markets after opening 160 locations, with sales growth in both Europe and the Americas near 30 percent. The company also closed 43 underperforming stores and relocated 12, making store quality an important counterweight to the expansion target.

The company describes its model as vertically integrated, covering product development, design, sourcing and merchandising for its Lovisa-branded products, according to its Lovisa investor centre. Gross margin reached 82.6 percent in FY26, up 60 basis points from the prior year, while the final dividend increased to AUD 0.33 per share.

Analyst target stays above AUD 24.70

StockAnalysis lists a Buy consensus from 16 analysts and an average price target of AUD 28.77. Against the October 7 price of AUD 24.70, that target is 16.5 percent higher. MarketScreener shows a highest target of AUD 33.60 and a lowest target of AUD 22.40, highlighting a AUD 11.20 spread in expectations.

Lovisa stock remains below its yearly high

Lovisa stock was trading at AUD 24.70 on the ASX on October 7, 2026, with an intraday range of AUD 24.37 to AUD 25.03. The 52-week range of AUD 19.30 to AUD 39.33 leaves the stock 37.2 percent below its yearly high, while the market capitalization stood at AUD 2.7 billion.