{"id":22996,"date":"2023-09-28T18:57:46","date_gmt":"2023-09-28T18:57:46","guid":{"rendered":"https:\/\/microloannexus.com\/investing\/premier-investments-fy-net-profit-a271-1-million-down-4-9\/"},"modified":"2023-09-28T18:57:47","modified_gmt":"2023-09-28T18:57:47","slug":"premier-investments-fy-net-profit-a271-1-million-down-4-9","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=22996","title":{"rendered":"Premier Investments FY Net Profit A$271.1 Million, Down 4.9%"},"content":{"rendered":"
\n

By David Winning<\/p>\n\n

SYDNEY–Retail conglomerate Premier Investments said its annual profit fell by 4.9% as it weighs a possible breakup as part of a strategic review.<\/p>\n

Premier Investments reported a net profit of 271.1 million Australian dollars (US$172.2 million) for the 12 months through July 29, compared to A$285.2 million a year earlier. Annual revenue rose by 11% to A$1.66 billion.<\/p>\n

\n

Directors of the company, which owns brands including the Peter Alexander sleepwear chain and Smiggle stationery stores, declared a final dividend of 60 Australian cents per security.<\/p>\n

Premier had cemented expectations for its annual result when telling shareholders last month that it could demerge one or more of its brands into standalone businesses. The potential breakup prompted the resignation of Chief Executive Richard Murray.<\/p>\n

John Bryce, Premier’s interim CEO, said Peter Alexander, Smiggle and its apparel brands all delivered record sales in fiscal 2023 despite a challenging macroeconomic environment and cost-of-living pressures felt by customers.<\/p>\n\n

Write to David Winning at david.winning@wsj.com<\/p>\n<\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By David Winning SYDNEY–Retail conglomerate Premier Investments said its annual profit fell by 4.9% as it weighs a possible breakup as part of a strategic review. Premier Investments reported a net profit of 271.1 million Australian dollars (US$172.2 million) for the 12 months through July 29, compared to A$285.2 million a year earlier. Annual revenue<\/p>\n","protected":false},"author":1,"featured_media":9638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":{"0":"post-22996","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"yoast_head":"\nPremier Investments FY Net Profit A$271.1 Million, Down 4.9% | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"By David Winning SYDNEY--Retail conglomerate Premier Investments said its annual profit fell by 4.9% as it weighs a possible breakup as part of a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/microloannexus.com\/?p=22996\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Premier Investments FY Net Profit A$271.1 Million, Down 4.9% | Micro Loan Nexus\" \/>\n<meta property=\"og:description\" content=\"By David Winning SYDNEY--Retail conglomerate Premier Investments said its annual profit fell by 4.9% as it weighs a possible breakup as part of a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/microloannexus.com\/?p=22996\" \/>\n<meta property=\"og:site_name\" content=\"Micro Loan Nexus\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-28T18:57:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-28T18:57:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/mw_logo_social.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/microloannexus.com\/?p=22996#article\",\"isPartOf\":{\"@id\":\"https:\/\/microloannexus.com\/?p=22996\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a\"},\"headline\":\"Premier Investments FY Net Profit A$271.1 Million, Down 4.9%\",\"datePublished\":\"2023-09-28T18:57:46+00:00\",\"dateModified\":\"2023-09-28T18:57:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/microloannexus.com\/?p=22996\"},\"wordCount\":172,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/microloannexus.com\/#organization\"},\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/microloannexus.com\/?p=22996#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/microloannexus.com\/?p=22996\",\"url\":\"https:\/\/microloannexus.com\/?p=22996\",\"name\":\"Premier Investments FY Net Profit A$271.1 Million, Down 4.9% | Micro Loan Nexus\",\"isPartOf\":{\"@id\":\"https:\/\/microloannexus.com\/#website\"},\"datePublished\":\"2023-09-28T18:57:46+00:00\",\"dateModified\":\"2023-09-28T18:57:47+00:00\",\"description\":\"By David Winning SYDNEY--Retail conglomerate Premier Investments said its annual profit fell by 4.9% as it weighs a possible breakup as part of a\",\"breadcrumb\":{\"@id\":\"https:\/\/microloannexus.com\/?p=22996#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/microloannexus.com\/?p=22996\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/microloannexus.com\/?p=22996#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/microloannexus.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Premier Investments FY Net Profit A$271.1 Million, Down 4.9%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/microloannexus.com\/#website\",\"url\":\"https:\/\/microloannexus.com\/\",\"name\":\"Solutions For Real\",\"description\":\"Latest Finance News and Updates\",\"publisher\":{\"@id\":\"https:\/\/microloannexus.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/microloannexus.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/microloannexus.com\/#organization\",\"name\":\"Solutions For Real\",\"url\":\"https:\/\/microloannexus.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png\",\"contentUrl\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png\",\"width\":690,\"height\":64,\"caption\":\"Solutions For Real\"},\"image\":{\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/microloannexus.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png\",\"contentUrl\":\"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/microloannexus.com\"],\"url\":\"https:\/\/microloannexus.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Premier Investments FY Net Profit A$271.1 Million, Down 4.9% | Micro Loan Nexus","description":"By David Winning SYDNEY--Retail conglomerate Premier Investments said its annual profit fell by 4.9% as it weighs a possible breakup as part of a","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/microloannexus.com\/?p=22996","og_locale":"en_US","og_type":"article","og_title":"Premier Investments FY Net Profit A$271.1 Million, Down 4.9% | Micro Loan Nexus","og_description":"By David Winning SYDNEY--Retail conglomerate Premier Investments said its annual profit fell by 4.9% as it weighs a possible breakup as part of a","og_url":"https:\/\/microloannexus.com\/?p=22996","og_site_name":"Micro Loan Nexus","article_published_time":"2023-09-28T18:57:46+00:00","article_modified_time":"2023-09-28T18:57:47+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/mw_logo_social.png","type":"image\/png"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/microloannexus.com\/?p=22996#article","isPartOf":{"@id":"https:\/\/microloannexus.com\/?p=22996"},"author":{"name":"News Room","@id":"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a"},"headline":"Premier Investments FY Net Profit A$271.1 Million, Down 4.9%","datePublished":"2023-09-28T18:57:46+00:00","dateModified":"2023-09-28T18:57:47+00:00","mainEntityOfPage":{"@id":"https:\/\/microloannexus.com\/?p=22996"},"wordCount":172,"commentCount":0,"publisher":{"@id":"https:\/\/microloannexus.com\/#organization"},"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/microloannexus.com\/?p=22996#respond"]}]},{"@type":"WebPage","@id":"https:\/\/microloannexus.com\/?p=22996","url":"https:\/\/microloannexus.com\/?p=22996","name":"Premier Investments FY Net Profit A$271.1 Million, Down 4.9% | Micro Loan Nexus","isPartOf":{"@id":"https:\/\/microloannexus.com\/#website"},"datePublished":"2023-09-28T18:57:46+00:00","dateModified":"2023-09-28T18:57:47+00:00","description":"By David Winning SYDNEY--Retail conglomerate Premier Investments said its annual profit fell by 4.9% as it weighs a possible breakup as part of a","breadcrumb":{"@id":"https:\/\/microloannexus.com\/?p=22996#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/microloannexus.com\/?p=22996"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/microloannexus.com\/?p=22996#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/microloannexus.com\/"},{"@type":"ListItem","position":2,"name":"Premier Investments FY Net Profit A$271.1 Million, Down 4.9%"}]},{"@type":"WebSite","@id":"https:\/\/microloannexus.com\/#website","url":"https:\/\/microloannexus.com\/","name":"Solutions For Real","description":"Latest Finance News and Updates","publisher":{"@id":"https:\/\/microloannexus.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/microloannexus.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/microloannexus.com\/#organization","name":"Solutions For Real","url":"https:\/\/microloannexus.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/","url":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png","contentUrl":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png","width":690,"height":64,"caption":"Solutions For Real"},"image":{"@id":"https:\/\/microloannexus.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/microloannexus.com\/#\/schema\/person\/e2d3b62d35ac325be68540d68dc6660a","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/microloannexus.com\/#\/schema\/person\/image\/","url":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png","contentUrl":"https:\/\/microloannexus.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png","caption":"News Room"},"sameAs":["https:\/\/microloannexus.com"],"url":"https:\/\/microloannexus.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts\/22996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22996"}],"version-history":[{"count":1,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts\/22996\/revisions"}],"predecessor-version":[{"id":22997,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/posts\/22996\/revisions\/22997"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=\/wp\/v2\/media\/9638"}],"wp:attachment":[{"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microloannexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}