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Premier Investments (PMV) - FY24 result analysis

Tally-ho, Peter Alexander, tally-ho

27 September 2024

Premier Investments reported FY24 Retail EBIT down 9% to $326 million. Gross margins finished higher with a second-half increase of 94bp. Cost management during FY24 helped offset the operational leverage of lower sales. The delayed strategic review allows the board to focus on the Myer merger proposal. 

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