Premier Investment shares have soared to a four-month high after the Smiggle, Just Jeans and Peter Alexander brand owner announced an almost five per cent rise in full-year profit and a share buyback of up to $50 million.
The retailer said it made $282.2m in statutory net profit after tax in the 12 months to July 30, up 4.9 per cent from a year ago and up 167 per cent from fiscal 2019, before COVID-19.
