** Citi cautious on Premier Investments PMV.AX after its retail brand Smiggle's "far worse than expected" performance
** Brokerage cuts price target to A$26 from A$24 but retains "neutral" rating
** Aussie retailer on Friday logged 1H25 net income A$117.05 million, near 34% decline
** Smiggle 1H25 sales down 14.5% compared to last year
** Citi says retail brand Peter Alexander (PA) continues to perform strongly with sales well ahead of expectations and momentum continuing into 2H25
** However, brokerage surprised by extent of start-up losses in UK for PA; now factors in deeper UK losses
** Premier down 10.3% so far this year as of last close
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。