By Digifin Pty Ltd · About this coverage
Key Points
- Premier Retail EBIT $175.9m, in line with 12 August 2026 guidance
- Retail sales $795.5m; Peter Alexander $565.3m (+3.2%), Smiggle $230.2m
- PBT excl. significant items $211.1m; statutory NPAT $129.2m
- Final fully franked dividend 36cps; FY26 ordinary dividends 81cps
- 1H27 first 7 weeks LFL sales and GP dollars within 1% of pcp
About Premier Investments (ASX:PMV)
Premier Investments Limited is an ASX-listed retail and investment company headquartered in Melbourne. Its Premier Retail business operates the Peter Alexander sleepwear brand and the Smiggle children's stationery brand through specialty stores and e-commerce channels in Australia, New Zealand and a number of overseas markets. Premier also holds a long-term strategic equity stake in ASX-listed appliance company Breville Group.
Premier Investments Limited (ASX:PMV) has reported FY26 results for the 52 weeks ended 25 July 2026, with Premier Retail EBIT in line with August guidance and a higher fully franked final dividend.
Profit before tax excluding significant items was $211.1 million and statutory Net Profit After Tax was $129.2 million. Premier Retail EBIT pre-AASB16 excluding significant items was $175.9 million, in line with 12 August 2026 guidance, on sales of $795.5 million, comprising $565.3 million from Peter Alexander (up 3.2%) and $230.2 million from Smiggle (down 12.9%). EBIT margin was 22.1% and gross margin 65.2%. July 2026 inventory was $96.7 million, down $9.5 million or 8.9% versus July 2025. Cash on balance sheet was $391.4 million and the market value of Breville shares was $1.08 billion ($384.2 million on balance sheet). The Board approved a fully franked final dividend of 36 cents per share, payable on 22 January 2027, taking FY26 ordinary dividends to 81 cents per share (up 62% on FY25 ordinary dividends). For the first 7 weeks of 1H27, Premier Retail sales and gross profit dollars on a like-for-like constant currency basis were both within 1% of the prior corresponding period.
The release does not provide full-year FY27 financial guidance. Discretionary retail conditions are described as continuing to be challenging.
Source: Premier Investments Limited (ASX:PMV), 24 September 2026. Summary content supplied by Digifin Pty Ltd.
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