Lovisa's Softer Same-Store Sales Growth Puzzles -- Market Talk

Dow Jones

11/21

2234 GMT - Costume jewelry retailer Lovisa's trading update suggests its like-for-like sales slipped in recent weeks. Lovisa said same-store sales rose by 3.5% in the first 20 weeks of FY 2026. RBC Capital Markets points out that this was down from 5.6% when Lovisa updated the market in August. However, total sales that include store openings were up 26% and ahead of consensus expectations of 22% for 1H as a whole. "Limited details were provided that might explain why sales were better despite softer like-for-like sales," analyst Wei-Weng Chen says. "We believe this dynamic could be an outcome related to store roll-outs in higher revenue regions." RBC notes Lovisa previously highlighted that stores in these regions would exhibit a higher cost of doing business. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

November 20, 2025 17:35 ET (22:35 GMT)

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Lovisa said same-store sales rose by 3.5% in the first 20 weeks of FY 2026. RBC Capital Markets points out that this was down from 5.6% when Lovisa updated the market in August. However, total sales that include store openings were up 26% and ahead of consensus expectations of 22% for 1H as a whole. \"Limited details were provided that might explain why sales were better despite softer like-for-like sales,\" analyst Wei-Weng Chen says. \"We believe this dynamic could be an outcome related to store roll-outs in higher revenue regions.\" RBC notes Lovisa previously highlighted that stores in these regions would exhibit a higher cost of doing business. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 20, 2025 17:35 ET (22:35 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7128","symbol_name":"专卖店","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2585163718","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2585163718","pubTimestamp":1763678100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2234 GMT - Costume jewelry retailer Lovisa's trading update suggests its like-for-like sales slipped in recent weeks. Lovisa said same-store sales rose by 3.5% in the first 20 weeks of FY 2026. RBC Capital Markets points out that this was down from 5.6% when Lovisa updated the market in August. However, total sales that include store openings were up 26% and ahead of consensus expectations of 22% for 1H as a whole. \"Limited details were provided that might explain why sales were better despite softer like-for-like sales,\" analyst Wei-Weng Chen says. \"We believe this dynamic could be an outcome related to store roll-outs in higher revenue regions.\" RBC notes Lovisa previously highlighted that stores in these regions would exhibit a higher cost of doing business. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7128":"专卖店","LOV.AU":"LOVISA HOLDINGS LTD"},"translate_title":"Lovisa同店销售增长疲软令人困惑——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LOV.AU":0.9},"content_text":"2234 GMT - Costume jewelry retailer Lovisa's trading update suggests its like-for-like sales slipped in recent weeks. Lovisa said same-store sales rose by 3.5% in the first 20 weeks of FY 2026. RBC Capital Markets points out that this was down from 5.6% when Lovisa updated the market in August. However, total sales that include store openings were up 26% and ahead of consensus expectations of 22% for 1H as a whole. \"Limited details were provided that might explain why sales were better despite softer like-for-like sales,\" analyst Wei-Weng Chen says. \"We believe this dynamic could be an outcome related to store roll-outs in higher revenue regions.\" RBC notes Lovisa previously highlighted that stores in these regions would exhibit a higher cost of doing business. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 20, 2025 17:35 ET (22:35 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}