Premier Investments (Smiggle, Just Jeans and Peter Alexander) profits booming in OZ. HLG will be doing the same, if not better
The retail group, which is majority-owned and chaired by billionaire Solomon Lew, told investors on Wednesday it expects earnings before interest and tax to come in at between $221 million and $233 million for the 27 weeks to January 30, a 75 to 85 per cent improvement on the first half of fiscal 2020. Its shares jumped more than 12 per cent to a new $25.40 record when the ASX opened for trading.
Long way to go. Dont get excited yet. Stocks with low liquidity can have Para Tops. Remember AUS retails sales is still under 2020 over all the last time we downloaded the data from the Aus Stats site.
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