Premier Investments (ASX:PMV) expects global sales for its seven wholly-owned retail brands to come in a range from AU$855 million to AU$865 million in the fiscal half ending Jan. 25, with Australian sales to be broadly flat compared with the same period in the prior year, according to a Monday Australian bourse filing.
The global sales figures exclude results from its Peter Alexander brand in the UK, which was launched in November 2024.
Its Apparel Brands business, which includes Just Jeans, Jay Jays, Portmans, Dotti, and Jacqui E, is anticipated to record global sales of AU$405 million to AU$412 million.
Meanwhile, the company's underlying earnings before interest and taxes are expected to be in the range of AU$31 million to AU$35 million, down AU$16 million to AU$20 million from the prior-year period.
It noted that customers continued to deal with cost-of-living pressures across all of its global markets and retail conditions have remained "challenging."
The firm added that a general meeting will be held on Jan. 23 to consider resolutions relating to the proposed combination of its Apparel Brands business with Myer Holdings (ASX:MYR).
The firm's shares fell nearly 14% in early trade Monday.
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