Lovisa revenue lifts 17.6% to $938.8M

• Lovisa posted a 17.6% increase in full-year revenue to $938.8 million alongside a 10.7% gain in net profit after tax.
• Following the announcement, the retailer's share price traded up at $28.
• Growth was driven by global expansion as the retail network added 160 new stores to reach 1,136 total venues.

Lovisa (ASX:LOV) increased total revenue by 17.6% to $938.8 million for the 2026 financial year as global expansion boosted underlying sales.

Sales growth surpassed the prior period's top-line total of $798.1 million, while full-year comparable store sales rose 2%.

Total revenue was $938.8 million, up 17.6% on FY25 as a result of the continued growth in the store network, with the Americas up 29.6%, Europe up 29.5% and global comparable store sales up 2.0% on the prior year.

"Lovisa has once again been able to deliver strong global sales and profit growth, with the highlights being continued growth in the Americas and Europe and another exceptional gross margin performance," said Lovisa Global Chief Executive Officer John Cheston.

Net profit after tax grew 10.7% to $95.6 million, while gross margins expanded 60 basis points to reach 82.6%.

The board declared a final dividend of 33 cents per share, bringing total full-year dividends to 86 cents per share.

Following the announcement, the Lovisa share price was up at $28.00.

Regional performance showed revenue rising 29.6% across the Americas and 29.5% in Europe during the 12-month period.

Trading momentum continued into the new financial year, with total sales rising 16.4% in constant currency terms over the first eight weeks.