Premier Investments Shares Plummet, Despite Peter Alexander's Record Sales
Update: 2025-12-05
Description
Premier Investments shares plummeted due to a gloomy earnings forecast, attributed to the escalating cost of living. Despite this, Peter Alexanders sleepwear brand enjoyed record sales during Black Friday and Cyber Monday. The company is now focusing on the critical December and January trading period and plans to invest up to $100 million in share buybacks.
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