LOV rallied +5.2% yesterday closing within one good day of its all-time high, impressively this is the only main retail stock to be up in 2022 illustrating how not all boats rise/sink as one across a sector. This fashion jeweller and retailer delivered an excellent result back in August with revenue coming in at $459m, up 59% on FY22 while its high gross margins climbed to 78.9% – there was nothing in the result not to like in our opinion.
- We believe LOV will make fresh all-time highs in the coming weeks.
MM remains bullish and long LOV in our Emerging Companies Portfolio
Add To Hit List
