Premier Investments Ltd
PMV: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.l | LOCK|RV | LOCK|lLfxs?@K |
Premier Investments: Profit Margins Crumbling, but We Raise Our Fair Value on Lower Discount Rate
Premier expects lower profits from its retail operation in the first half of fiscal 2026 on last year. Despite record Black Friday and Cyber Monday sales at pajamas specialty retailer Peter Alexander, it is guiding to a 7% decline in underlying retail EBIT to about AUD 120 million. Shares fell 16%.
