Full Year 2019 Lovisa Holdings Ltd Earnings Call Transcript
Thank you for standing by, and welcome to the Lovisa Holdings Limited Fiscal '19 Full Year Results. (Operator Instructions)
I would now like to hand the conference over to Mr. Shane Fallscheer, Managing Director. Please go ahead.
Good morning, everyone. Thanks for taking the time to dial in.
On the call today, you have myself, Shane Fallscheer, Managing Director; and Chris Lauder, our CFO.
As you're aware, we published our full year results to the ASX this morning, and we would like to talk you through those results.
I'll now do a page turn through the presentation, and we're happy to take any questions at the end.
If we now turn to Page 4, we will talk through some of the detail. We've had a solid result in a more difficult trading period than we've experienced in recent times, with EBIT up 2.8% to $52.5 million. Total sales were up 15.3% as a result of the continued new store rollout with same-store sales more challenging at 0.5%
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