Nothing short of remarkable, says Mogans. Sales growth of 21.5% for
A gross margin that goes up when all around are suffering from supply constraints and cost pressures was not something the broker expected, although some crafty forex hedging very much helped.
Lovisa may just prove to be one of the biggest success stories in Australian retail, Morgans suggests. With ambitious new leadership in place, the broker believes now is the time Lovisa steps up to become a global force.
Investment will be needed to expand the network in the US and
Sector: Retailing.
Target price is
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