Lovisa Holdings (ASX:LOV) Full Year 2024 Results
Key Financial Results
- Revenue: AU$698.7m (up 17% from FY 2023).
- Net income: AU$82.4m (up 21% from FY 2023).
- Profit margin: 12% (in line with FY 2023).
- EPS: AU$0.75 (up from AU$0.63 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lovisa Holdings Revenues Disappoint
Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) was mostly in line with analyst estimates.
The primary driver behind last 12 months revenue was the Europe segment contributing a total revenue of AU$230.4m (33% of total revenue). The largest operating expense was General & Administrative costs, amounting to AU$247.8m (51% of total expenses). Explore how LOV's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Australia.
Performance of the Australian Specialty Retail industry.
The company's shares are down 13% from a week ago.
Valuation
It's possible that Lovisa Holdings could be overvalued with our 6-factor valuation analysis indicating potential weakness. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About ASX:LOV
Lovisa Holdings
Engages in the retail sale of fashion jewelry and accessories.
Solid track record with reasonable growth potential.
