Australia's Lovisa set for best day in over four years on strong results
26/08/2026 04:14
BUZZ-Australia's Lovisa set for best day in over four years on strong results ** Shares of Lovisa Holdings LOV.AX rally as much as 19.8% to A$29.36, recording their biggest intraday pct gain since February 24, 2022
** Stock hits highest level since February 18
** Fast fashion jewellery retailer reports annual NPAT of A$95.6 million ($68.63 million), 10.7% higher than last year
** Co announces final dividend of 33 AU cents per share, marking FY dividend at 86 AU cents per share, 11.7% higher than previous year
** About 613,391 shares change hands, 1.9x the 30-day average volume
** Stock down over 5% so far this year, including day's moves
($1 = 1.3930 Australian dollars)
(Reporting by Rudrannsh Mehra in Bengaluru)
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Australia's Lovisa set for best day in over four years on strong results