I don't know where people expect PMV to get that sort of cash from, even at these prices...May 12 (Reuters) - Premier Investments Ltd (PMV) :
- STORE CLOSURES SIGNIFICANTLY IMPACTED PREMIER RETAIL'S GLOBAL SALES, WITH TOTAL SALES DOWN 74% FOR 6 WEEKS TO 6 MAY
- GLOBAL RETAIL STORE NETWORK SALES WERE DOWN 99% FOR 6 WEEKS TO 6 MAY 2020
- TO REOPEN BALANCE OF ITS STORES IN AUSTRALIA FROM FRIDAY, 15 MAY
- ANNOUNCE REOPENING OF ALL NEW ZEALAND STORES FROM THURSDAY 14 MAY 2020
- INVENTORY LEVELS & PRODUCT ASSORTMENTS WILL BE IMBALANCED UNTIL POTENTIALLY DEC 2020
- ALL SMIGGLE RETAIL STORES IN UK WILL REMAIN CLOSED UNTIL AT LEAST 1 JUNE 2020
- IN IRELAND ALL SMIGGLE RETAIL STORES WILL REMAIN CLOSED UNTIL AT LEAST 29 JUNE
- PREMIER RETAIL INTENDS TO PAY RENT IN ARREARS FOR ALL STORES AT A GROSS PERCENTAGE OF SALES
- CUSTOMERS INCREASINGLY ELECTING TO SHOP ONLINE; COULD HASTEN SUBSTANTIAL RETAIL RESTRUCTURE ALREADY UNDERWAY
- GIVEN UNCERTAINTY AROUND RECOVERY, IMPOSSIBLE TO FORECAST EXTENT OF IMPACT ON 2H20 EARNINGS
I don't know where people expect PMV to get that sort of cash...
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Last
82.5¢ |
Change
0.005(0.61%) |
Mkt cap ! $686.2M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 84.0¢ | 79.0¢ | $1.555M | 1.891M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20169 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 70001 | 4 |
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