Premier Investments Limited (ASX: PMV) Addresses Media Speculation

Response to Media Reports

Premier Investments Limited (ASX: PMV) has responded to recent media speculation stemming from a report published by The Australian. The company notes that the report referenced internal documents and financial data allegedly sourced from its operations.

Caution to Investors

Premier Investments cautions investors about relying on selective and incomplete information that does not fully represent the Group’s performance or financial position. The ongoing structural shifts in retail shopping patterns make it difficult to assess the company’s financial outlook accurately at this time.

Key Trading Events

Upcoming trading events, including Christmas, Boxing Day, January, and Back-to-School sales, remain crucial to Premier’s first-half FY2025 results. Consequently, the company is closely monitoring market conditions and trading as the financial year progresses.

Compliance and Assurance

Premier asserts its compliance with continuous disclosure obligations under ASX Listing Rules. This statement has been approved by the Premier Chairman.

View Original Announcement

here

Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Premier Investments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.