Trading Update
Lovisa is pleased to announce that in the 13 weeks since 31 December 2017 the business has continued to take
advantage of strong global trends in the fashion jewellery sector, resulting in comparable store sales for the year to date
to the end of Q3 FY18 at +7.6% and total sales growth at +20.3%. Since the end of the half year 5 new stores have been
opened and 4 have been closed, with 320 stores currently trading.
I have no idea how same store sales growth can be 7 but over growth is 20 with the net addition of just 1 more store...........these figures are totally inconcievable and need questioned by stakeholders i believe........it just can't be.......those 5 new stores all must be in bling central.....smh
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