Accessories chain Lovisa has smashed its own expectations.
The retailer looks set to beat its 2015 prospectus forecasts after lifting first half profits by two thirds.
Lovisa, which listed on the ASX in December, made a net profit of $12.3 million for the six months to December 31.
This was 66 per cent higher than it recorded a year ago.
The $12.3 million result represented 75 per cent of forecast full-year net profits.
This figure represents a small rise on the prospectus forecast of 73.2 per cent.
Total sales rose 33.3 per cent to $73.3 million, representing 54.4 per cent of full-year forecasts.
This is compared with guidance of 54.1 per cent for the half year.
Same-store sales rose 12.2 per cent and gross profit margins rose to 78.6 per cent.
These figures trumped prospectus forecasts of 10.9 per cent and 76.8 per cent respectively.
Despite this, the company has reaffirmed its prospectus forecast for a full year net profit of $16.4 million.