With thanks to Noodles and KW.
105,000,000 shares on issue ,giving a market cap of $403,200,000 at $3.84.
eps.22.07 cents....PE 17.4 ...Div Yield {australian] 3.13%
Lovisa produce and sell Fashion jewellery and accessories.
They have stores in Australia,NZ,UK,Singapore,Malaysia and South Africa,and have franchise stores in the Middle East.
The company utilizes daily inventory monitoring from its centrally located warehouses in Melbourne and Hong Kong.
They trade from "smallish" stores in very high foot traffic Malls.The pay back from opening a new store is usually under 18 months.
Logistics are made easy by jewellery being small.Airfreighting product around the world is cheap,and fast compared to TVs,clothing etc. This aids stock turns.The products appeal to women of all ages.
I keep an eye on Westfield Riccarton store.Allways busy.
Today they announced an earnings upgrade.