Premier Investments posts solid 1H26 profit and reshapes retail leadership

Premier Investments Limited ( (AU:PMV) ) has issued an announcement.

Premier Investments reported interim profit before tax of $141.9 million and statutory net profit after tax of $101.7 million for the 26 weeks to 24 January 2026, supported by $119.3 million in EBIT from Peter Alexander and Smiggle and income from its Breville investment. The board declared a fully franked interim dividend of 45 cents per share, citing a strong balance sheet and resilience in a challenging retail environment.

The company unveiled a streamlined leadership structure for its two-brand retail portfolio, appointing Georgia Chewing as Managing Director of Smiggle alongside existing Peter Alexander chief Judy Coomber, while John Bryce returns to a focused Premier Retail CFO role. Peter Alexander continued its strong growth trajectory with sales up 4.9% to $312.3 million and a successful new loyalty program, while Smiggle will undergo product repositioning and brand elevation as Premier targets a return to growth for the stationery chain in FY27.

The most recent analyst rating on (AU:PMV) stock is a Hold with a A$16.70 price target. To see the full list of analyst forecasts on Premier Investments Limited stock, see the AU:PMV Stock Forecast page.

More about Premier Investments Limited

Premier Investments Limited is an Australian retail investment company listed on the ASX, with its core operations conducted through wholly owned brands Peter Alexander and Smiggle under the Premier Retail banner. The group also holds a significant equity stake in appliance maker Breville Group, giving it exposure beyond apparel and stationery into broader consumer goods markets.

Average Trading Volume: 361,958

Technical Sentiment Signal: Sell

Current Market Cap: A$2.04B

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