Premier Investments Ltd. said its normalized net income for the fiscal first half ended Jan. 24 was 31 Australian cents per share, compared with the S&P Capital IQ consensus estimate of 36 cents per share.
EPS climbed 11.2% year over year from 28 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was A$49.1 million, an increase of 11.3% from A$44.1 million in the year-earlier period.
Total revenue rose year over year to A$497.2 million from A$477.4 million, and total operating expenses grew year over year to A$427.4 million from A$412.6 million.
Reported net income increased 9.1% from the prior-year period to A$56.8 million, or 36 cents per share, from A$52.1 million, or 33 cents per share.
