Lovisa

With reporting season already revealing earnings misses, valuation pullbacks are creating opportunities in high-quality small caps, according to DNR Capital’s Sam Twidale. Investors should look through short-term risk and select from sectors where fear and uncertainty prompt mispricings.

Fast fashion jewellery shouldn’t be a lucrative market. Yet Lovisa Holdings Ltd has grown sales by 30% per annum for the past decade, with its store count increasing 12-fold. Over 70% of its outlets now reside outside Australia, with an ambitious plan to take its success across Europe and North America.

They say that career risk is among the biggest factors that drives the perceived underperformance of most active managers. The evidence suggests that as successful managers attract more capital and their remuneration increases, they tend to regress back to the benchmark. But why is this so? With success comes more assets under management and eventually…

Lovisa delivers a great result and reinstates dividend Lovisa Holdings (ASX: LOV) – Shares in the jewellery retailer surged 19% following a bumper profit result. While revenue was down 9.8% and comparable-store sales down 4.5% for the period, the company continued its store rollout with 29 new stores built. Gross profit decreased 11.7% to $113m…