Business
Why is the Premier Investments (ASX:PMV) share price on the rise?
Premier Investments Limited (ASX: PMV) was one of many ASX retail shares that bounced back strongly from COVID-19. The company announced a record half-year result today, highlighting the resilience of its brick and mortar business and significant growth in online sales.
The Premier Investments share price is currently ~8% higher than its pre-COVID high of $21.30. However, it had a relatively flat year-to-date performance, including a 36 cent dividend paid out on 28 January.
At the time of writing, the Premier Investments share price is trading at $23.67, up 1.94%.
Premier Investments share price up as profits soar
Premier Investments…
-
Noosa News19 hours agoFarmers angry as Woolworths imports US butter in green and gold packaging
-
General15 hours agoLiberal politicians on Qantas plane that made urgent turnaround to Adelaide
-
Noosa News17 hours agoTeen to be sentenced over stabbing of grandmother Vyleen White; Victoria follows Queensland with ‘adult time for violent crime’ laws
-
Noosa News14 hours agoMenulog announces shock closure in Australia after ‘challenging circumstances’