Revenue ($m): 146.9, down 10pc from year-earlier 162.8
Pre-tax profit ($m): 27.9 v 38.9
Net profit ($m): 19.6, down 27pc from 26.7
Interim dividend: 20c, payable April 22
Fast-fashion jewellery chain Lovisa Holdings’ store rollout program is being held up offshore as it tries to negotiate better leasing terms with its landlords in Europe and the US.
Chief executive Shane Fallscheer told AFRWeekend that in order to open more stores amid the COVID-19 backdrop it needs better terms.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
