Premier Investments Limited · ASX:PMV
Premier Investments — FY2026 Earnings Presentation
27 slides from Premier Investments's earnings presentation, Sep 24, 2026
Slide 1: Premier Investments FY26
Premier Investments FY26 $211.1m $175.9m Final Dividend: PMV PBTi Premier Retail EBITii 36 cps. taking full year to 81 cps PMV profit before tax (PBT), Premier Retail EBIT pre- Fully franked ordinary dividends per excl significant items AASB16; excl significant items share 24 September 2026: Premier
Slide 2: Premier Retail – Continued execution of growth strategies
Premier Retail – Continued execution of growth strategies • $175.9 million EBIT, in line with 12 August 2026 guidance • Strong margins maintained with 22.1% EBIT margin and 65.2% gross margin • $795.5 million sales across Premier Retail ($565.3 million Peter Alexander and $230.2 million Smiggle) • C
Slide 3: Smiggle
As announced in March 2026, the new and energised Smiggle team has set a clear strategic objective to reclaim the 6–12-year customer market through innovative and refreshed product, elevated marketing and visual merchandising whilst utilising Smiggle’s existing multi-channel formats to drive sustain
Slide 4: ENDS
ENDS For further information, call: Investors Media Mark Middeldorf Lauren Thompson +61 3 9650 6500 +61 438 954 729 4
Slide 5: Appendix: Overview of Premier's non-IFRS financial information
APPENDIX Overview of Premier’s non–IFRS financial information IFRS financial information is financial information that is presented in accordance with all relevant accounting standards. Non-IFRS financial information is financial information that is presented other than in accordance with all releva
Slide 6: Premier Investments Limited 2026 Full Year Results Overview
Premier Investments Limited 2026 Full Year Results Overview 24 September 2026 0 X
Slide 7: Contents
Contents 1. Premier Investments Limited FY26 overview 2. Premier Retail FY26 overview 3. Peter Alexander 4. Smiggle 5. FY27 outlook and beyond 6. Dividends and Capital Management Appendices A. Financial Reconciliations B. Brand Sales and Store numbers summary 13 1
Slide 8: Premier Investments Limited FY26 Overview
Jme\ > gel x PREMIER INVESTMENTS LIMITED FY26 OVERVIEW
Slide 9: Premier Investments Limited FY26 overview
Premier Investments Limited FY26 overview Premier Statutory NPAT Breville Investment CONTINUING OPERATIONS 25.2% investment in BRG $129.2 million Market value at 25 Jul 2026: $1.08 billion PMV Premier PBT (excluding significant items) Balance Sheet accounting value: GROUP $384.2 million $211.1 milli
Slide 10: Smiggle FY26 Overview
smigsie FY26 OVERVIEW
Slide 11: Premier Retail – delivers in a challenging environment
Premier Retail – delivers in a challenging environment In a challenging general discretionary retail environment with consumers continuing to face increased cost of living pressures, the group’s strategy remains anchored on delivering value for customers in our products and shopping experience, whil
Slide 12: Peter Alexander – Powerful designer brand a gifting destination
Peter Alexander – Powerful designer brand a gifting destination Under the leadership of Judy Coomber (Managing Director – Peter Alexander) and the creative direction of Peter Alexander as Founder and Creative Director, the brand owns an authentic and distinctive position within the Australian and Ne
Slide 13: Peter Alexander – growth continues in FY26
Peter Alexander –growth continues in FY26 Peter Alexander Sales $'M • Record sales of $565.3 million, up 3.2% on FY25 • Peter Alexander sales have more than doubled over the 600 565.3 past 7 years since FY19, with positive like-for-like sales 548.0 performance delivered every year and growing total
Slide 14: Peter Alexander – Runway for further growth
Peter Alexander – Runway for further growth Peter Alexander has a significant runway for further growth: • Customer Engagement - Launch of “Peter’s Dreamers” loyalty program in October 2025 exceeding all expectations and has attracted over 1.4 million members in 10 months since launch. Peter’s Dream
Slide 15: Smiggle – FY26 Results and growth strategy implementation
Smiggle – FY26 Results and growth strategy implementation • As foreshadowed in March 2026, 2H26 was a planned transition half for Smiggle as the business focused on executing its strategic growth plan. Significant progress has been made during the half with all key relaunch initiatives delivered in
Slide 16: Smiggle – Growth Strategy progressing to plan
Smiggle – Growth Strategy progressing to plan Under the leadership of Georgia Chewing (Managing Director – Smiggle), with a new and energized Smiggle Leadership Team and the support of an experienced Premier Retail Board, as announced in March 2026 a clear Strategic Objective has been set for Smiggl
Slide 17: Smiggle – Growth Strategy progressing to plan
Smiggle – Growth Strategy progressing to plan Reclaim the 6–12 year-old customer market through innovative product, marketing and visual merchandising by utlising Smiggle’s existing multi-channel formats to drive sustainable sales and profit growth Brand Elevation • Marketing reset – refreshed and e
Slide 18: Smiggle – Growth Strategy progressing to plan
Smiggle – Growth Strategy progressing to plan Reclaim the 6–12 year-old customer market through innovative product, marketing and visual merchandising by utlising Smiggle’s existing multi-channel formats to drive sustainable sales and profit growth Channel Optimisation and Growth • Deliberate and st
Slide 19: Premier Retail – FY27 Outlook and Beyond
Premier Retail – FY27 Outlook and Beyond FY27 trade • Key growth initiatives across both Peter Alexander and Smiggle have been delivered in line with plan, leaving both brands well positioned and with clean inventory to commence 1H27 ahead of the critical Black Friday, Christmas, Boxing Day and Back
Slide 20: Premier – Dividends and Capital Management
Premier – Dividends and Capital Management Dividends • The Premier Board recognises that the Group continues to operate in a challenging global retail environment • Premier maintains a strong balance sheet, favourably positioning the Group to consider a range of opportunities and initiatives • The B
Slide 21: Appendix A: Financial Reconciliations
Appendix A: Financial Reconciliations Impact of AASB 16, Significant Items and other information 15
Slide 22: Appendix: Premier Investments
Appendix: Premier Investments Continuing Operations and significant items reconciliation CONTINUING CONTINUING OPERATIONS OPERATIONS 52 weeks to 52 weeks to 25 Jul 2026 26 Jul 2025 $'M FY26 FY25 Premier Retail EBIT including significant items (pre AASB 16) 148.6 182.5 Significant Items: Peter Alexan
Slide 23: Appendix: Premier Retail segment
Appendix: Premier Retail segment Profit and Loss impact of AASB 16 and Significant Items Continuing operations FY26: Period Ended 25 July 2026 FY25: Period Ended 26 July 2025 FY26 vs FY25 FY26 vs FY25 Post AASB16 Pre AASB16 Pre AASB16 Post AASB16 Pre AASB16 Pre AASB16 Pre AASB16 Pre AASB16 Statutory
Slide 24: Appendix: Premier Retail segment
Appendix: Premier Retail segment Significant Items - details Continuing operations Significant Items Adjustments 1. PA UK 2. PA Loyalty Launch 3. AB Separation TOTAL $'M FY26 FY25 FY26 FY25 FY26 FY25 FY26 FY25 Sales (5.9) (4.6) 7.7 - - - 1.9 (4.6) Gross Profit (2.8) (2.1) 7.7 - - - 4.9 (2.1) Expense
Slide 25: Appendix B: Brand Sales and Store Numbers summary
Appendix B: Brand Sales and Store Numbers summary 19
Slide 26: Overview of Results
Overview of Results Overview of Results excluding UK Sales of Sales $230.2m Sales $565.3m $5.9m & 3 UK stores Var LY FY25 +3.2%1 closed Aug-26 Var LY FY25 -12.9%1 Store Movements Jul-25 Open Close2 Jul-26 Store Movements Jul-25 Open Close2 Jul-26 Australia 124 4 3 125 Australia / NZ 149 - 8 141 New
Slide 27: Appendix
Appendix Overview of Premier’s non–IFRS financial information • IFRS financial information is financial information that is presented in accordance with all relevant accounting standards. • Non-IFRS financial information is financial information that is presented other than in accordance with all re