SEHK:590Specialty Retail
Luk Fook (SEHK:590) Is Up 12.2% After Surging Q3 Same Store Gold Jewelry Sales Growth
Luk Fook Holdings (International) Limited reported that in the third quarter of the financial year ended March 31, 2026, its overall retail sales value, retailing revenue and same store sales rose by 26%, 17% and 15% respectively, with Hong Kong, Macao, overseas and Mainland China markets all showing broad-based growth and stronger demand for gold and fixed price jewelry.
An interesting takeaway from this update is that fixed price gold products recorded a 32% same store sales increase on an...