Lovisa Holdings Ltd. · ASX:LOV
Lovisa — FY2026 Earnings Presentation
22 slides from Lovisa's earnings presentation, Aug 26, 2026
Slide 1: Lovisa Holdings Limited FY26 Full Year Results
LOVISA HOLDINGS LIMITED FY26 FULL YEAR RESULTS JOHN CHESTON GLOBAL CHIEF EXECUTIVE OFFICER CHRIS LAUDER GROUP CHIEF FINANCIAL OFFICER
Slide 2: Contents
CONTENTS 1. FULL YEAR OVERVIEW 2. FINANCIAL OVERVIEW 3. TRADING PERFORMANCE – SALES & GROSS MARGIN 4. EARNINGS 5. CASHFLOW & BALANCE SHEET 6. STORE GROWTH 7. TRADING UPDATE 8. SUMMARY 9. APPENDICES
Slide 3: FY26 Full Year Overview
FY26 FULL YEAR OVERVIEW • Total Revenue +17.6% on FY25 with Americas +29.6% and Europe +29.5% • 160 new stores opened for the financial year • Global comparable store sales for the financial year +2.0% • Gross Margin +60bps to 82.6% • Continued investment into growing the global business • EBIT +14.
Slide 4: Financial Overview
FINANCIAL OVERVIEW ($000) FY26 FY25 Variance Profit growth continues • Revenue +17.6% on FY25 with comparable store sales Revenue 938,763 798,133 +17.6% +2.0% for the year • Gross Margin +60 basis points to 82.6% Gross profit 775,333 654,670 +18.4% • EBITDA $301.1m +20.9% on prior year EBITDA 301,14
Slide 5: Trading Performance – Sales
TRADING PERFORMANCE – SALES TOTAL SALES (A$M) Global sales growth continues $900 $800 Sales ($AUDm) • Sales Revenue +17.6% to $938.8m, with continued store network $700 $600 growth driving this outcome $500 $939 • 160 new stores opened in FY26 $400 $699 $798 $300 $596 $200 $459 • Gross Margin +60 bp
Slide 6: Trading Performance – Gross Margin
TRADING PERFORMANCE – GROSS MARGIN Continued Gross Margin growth 85.0% Historical Gross Margins • Gross profit increased 18.4% to $775.3m 83.0% • Gross Margin +60 basis points to 82.6% 81.0% • Gross Margin +270bps on FY23 79.0% 77.0% 75.0% 82.0% 82.6% 73.0% 79.9% 81.0% 78.9% 71.0% 76.7% 69.0% 67.0%
Slide 7: Earnings
EARNINGS $200.0 EBIT GROWTH $m • EBIT +14.1% to $158.2m $150.0 • Ongoing investment made in technology, supply chain and global retail operations to support global store expansion and ongoing Jewells 7 store UK trial $100.0 $158.2 • Strong cash flow funding all investment required and $128.2 $138.7
Slide 8: Cash Flow
CASH FLOW Continued strong cash generation (A$000s) FY26 FY25 Cash from operating activities 294,496 243,284 • Cash flows fully funding all global new store investment Net interest paid (24,139) (20,517) required Tax paid (37,593) (14,854) • Cash flow from operating activities +21.0% to $294.5m, Net
Slide 9: Balance Sheet
BALANCE SHEET Balance Sheet remains strong (A$000s) FY26 FY25 Cash • Continued investment in global new store growth comes fully 46,735 42,633 Receivables 29,682 27,090 funded from operations Current Tax Receivables 4,223 3,404 • Final dividend of 33c +22.2%, 50% franked, approved to be paid in Inve
Slide 10: Store Growth
STORE GROWTH Acceleration of global expansion with 160 new stores opened Store number growth • 160 new stores opened in the financial year Country FY26 FY25 New Stores Relocations Closures Var YOY Australia 185 182 11 (4) (4) 3 • 43 underperforming stores closed in FY26 New Zealand 32 32 3 (3) 0 0 S
Slide 11: Store Fitout Upgrade Continuing
STORE FITOUT UPGRADE CONTINUING • Continued investment in the store network • New Series 5 concept being rolled out globally • 53 Series 5 stores opened to date, 28 already scheduled for 1H FY27 Store in store piercing studio - Implementing a new fun customer experience Dynamic digital screens i
Slide 12: Bullring Birmingham UK
Bullring Birmingham UK 12
Slide 13: Eaton Centre Canada
Eaton Centre Canada 13
Slide 14: Glatt Switzerland
land | Glatt Switzer! 14
Slide 15: Riccarton NZ
Riccarton NZ 15
Slide 16: Sydney Airport Australia
Sydney Airport Australia 16
Slide 17: Trading Update
TRADING UPDATE • Trading for the first 8 weeks of FY27 saw Total Sales for this period +16.4% (on a constant currency basis) on the same period in FY26. Comparable store sales for this period were +3.0%, with improving momentum in August • We continue to focus on opportunities for expanding both our
Slide 18: Summary
SUMMARY • Total Global Sales +17.6% on FY25 with Europe +29.5% and Americas +29.6% • 60bp improvement in Gross Margin to 82.6% • Global expansion continued with 160 new stores opened during the financial year, and a total network of 1,136 stores at year end • EBITDA +20.9% to $301.1m • EBIT +14.1% t
Slide 19: Appendices
APPENDICES
Slide 20: Appendix
APPENDIX 1 Some of the information contained in this presentation contains “forward-looking statements” which may not directly or exclusively relate to historical facts. These forward-looking statements reflect the current intentions, plans, expectations, assumptions and beliefs about future events
Slide 21: ASIC Regulatory Guide 230 Disclosing non-IFRS financial information
ASIC Regulatory Guide 230 Disclosing non-IFRS financial information In December 2011 ASIC issued Regulatory Guide 230. To comply with this Guide, Lovisa Holdings Limited is required to make a clear statement about the non-IFRS information included in the Profit announcement and presentation for the
Slide 22: Thank You
THANK YOU