Premier Retail expects lower global sales in the fiscal first half, with Australian sales broadly flat compared to the year-ago period.
The company forecasts global sales to be between $855 million and $865 million and underlying earnings before interest and taxes to be in the range of $160 million to $165 million.
It estimates global sales of its apparel brands business to range from $405 million to $412 million and its underlying EBIT between $31 million and $35 million. The apparel brands consist of Just Jeans, Jay Jays, Portmans, Dotti, and Jacqui E.
“Retail conditions have remained challenging through 1H25 with customers continuing to experience cost of living pressures across all of Premier Retail’s global markets and having a strong focus on
value,” said the company.
