BUZZ — Australia's Premier Investments jumps as Citi backs in — line earnings

(Updates) * Shares of Premier Investments rise as much as 9.4% to A$12.210, their biggest intraday gain since January 22 * Shares hit highest level since August 7 * Co's retail unit posts FY26 EBIT of A$175.9 million ($123.71 million), in line with its guidance * Citi says trading update "appears broadly in-line with VA consensus 1H27 estimates" * Brokerage adds investors are likely to welcome Premier's 36 Australian cents-per-share final dividend, which came in ahead of Citi estimates * Citi also notes stronger-than-expected sales at Premier's most profitable brand, Peter Alexander * The broker does not expect material consensus earnings revisions following the update * YTD, PMV down 15.1% ($1 = 1.4219 Australian dollars) (Reporting by Nichiket Sunil & Paridhi Minda in Bengaluru) ((mailto:Nichiket.Sunil@thomsonreuters.commailto:Paridhi.minda@t homsonreuters.com)