Retailers
Lovisa shares slump despite rise in FY24 profits and revenues
However, comparable store sales were down 2% compared with FY23.
Australian jewellery store chain Lovisa has seen a 15% decline in its share price to $30.76 (£15.76) despite posting a 21% increase in net profit to $82.4m (£42.2m) and a 17.1% increase in revenues to $699m (£358.1m) in FY24.
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