Premier Investments Limited (AU:PMV) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Premier Investments Limited reported a strong financial performance for FY24, with a statutory net profit after tax of $257.9 million, despite challenging economic conditions. The company’s retail arm saw significant contributions, particularly from the Peter Alexander brand, which achieved record sales of $508.6 million. Overall, Premier’s omni-channel strategy and operational efficiencies helped navigate high inflation and interest rates, maintaining robust profit margins.
For further insights into AU:PMV stock, check out TipRanks’ Stock Analysis page.