- CEO
- Kay Lesley Page
- Full Time Employees
- 6,600
- Sector
- Retail trade
- Industry
- Department stores
- Address
- A1 Richmond Road Sydney NSW Australia 2140
- IPO Date
- Sep 3, 1987
- Business
- Harvey Norman Holdings Limited (ASX:HVN), founded in 1982 by Gerry Harvey and Ian Norman and headquartered in Homebush West, New South Wales, Australia, operates an integrated retail, franchise, property and digital enterprise, granting franchises to independent proprietors under the Harvey Norman, Domayne and Joyce Mayne brands; franchisees and company-operated stores sell electrical goods, furniture, computerized communications, bedding and manchester, kitchen appliances, small appliances, bathroom and tiles, carpets and flooring, hardware, computers, printers, mobile phones, major appliances, audio visual products and home renovation services including design for kitchens, bathrooms, wardrobes and home theatres. The company conducts franchised operations across all Australian states and territories with approximately 168 Harvey Norman, 20 Domayne and 7 Joyce Mayne complexes; overseas, it directly owns and operates more than 120 Harvey Norman stores across eight countries including New Zealand (44 stores), Malaysia (37 stores), Singapore (11 stores), Ireland (16 stores), Northern Ireland (2 stores), Croatia (3 stores), Slovenia (5 stores) and England (1 store). In recent developments, Harvey Norman Holdings reported record FY25 profit before tax of $753.1 million, up 39% from FY24, driven by 6.1% growth in Australian franchisee sales to $6.43 billion, a property portfolio expansion to $4.53 billion with $154.4 million revaluation gains, and overseas retail contributions growing in Ireland and Asia despite New Zealand headwinds; the company opened new stores including Punggol Coast Mall in Singapore, The Beat at Kiara Bay in Malaysia, Macgregor Homemaker in Queensland (257,000 sq ft valued at $105 million), expanded Boucher Road in Northern Ireland and Holywood Exchange computer/electrical departments, launched its England flagship at Merry Hill ahead of a second West Midlands store at Gracechurch Shopping Centre in 2026 and a major 200,000 sq ft complex in Zagreb, Croatia by 2027, while announcing an on-market share buyback of up to 10% of shares (124.6 million) for $900.9 million extending to November 2026.