** Shares of Premier Investments fall 0.7% to A$27.21 after gaining as much as 1.8% in early trade
** Bell Porter adjusts revenue estimates for co's full-year earnings on the back of higher costs
** Brokerage trims PT to A$34 from A$38, but maintains "buy" ratings
** Aussie retailer said on Monday that it expected global sales from its retail business, consisting of Peter Alexander and Smiggle brands, to be in the range of A$855 mln to A$865 mln ($526.25 mln to $532.41 mln) in 1H25 vs A$879.5 mln in pcp
** Brokerage estimates 10%-12% decline in international sales in 1H25, attributed to Smiggle's ~60% exposure to offshore markets
** We also view the best performing Peter Alexander brand to have maintained momentum and continue to expect sales growth of mid-high single digit in 1H25 - Bell Porter
** Bell Porter estimates co's net profit after tax (NPAT) to decline by 10%, 9%, and 8% for fiscal 2025, 2026, and 2026 respectively
** Four of 11 analysts rate the stock "buy" or higher, 7 rate "hold" ; their median PT is A$31 – LSEG data
** Stock down 15.4% YTD, including current session's moves vs 1.1% gain on the benchmark ASX 200 index
($1 = 1.6158 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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