Premier Investments Limited ( (AU:PMV) ) has shared an update.
Premier Investments Limited reported challenging retail conditions for the first half of 2025, with global sales expected to range between $855 million and $865 million, and underlying EBIT projected between $160 million and $165 million. Despite these challenges, the company anticipates ending the period with a clean inventory position and is preparing for a strategic combination with Myer Holdings Limited, which is expected to impact future operations and stakeholder interests.
More about Premier Investments Limited
Premier Investments Limited operates within the retail industry, managing a portfolio of seven wholly-owned retail brands. The company focuses on delivering value through global sales, with a strong presence in apparel brands including Just Jeans, Jay Jays, Portmans, Dotti, and Jacqui E.
YTD Price Performance: 2.83%
Average Trading Volume: 231,100
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$5.27B
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