Australia's Premier Investments rises most in two months on Citi estimate beat

Shares of Australia's Premier Investments PMV.AX rise as much as 8.2% to A$13.55, hitting their biggest intraday pct gain since January 22

Stock touches its highest level since February 27

The stationary brand posts interim dividend of 45 AU cents per share, ahead of Citi's 42 AU cents estimate

Brokerage says co's 1H26 gross margin at 66.9% slightly better than its 66.7% estimate, aided by strong cost control schemes

Flags appointment of Georgia Chewing as managing director of Smiggle segment as "encouraging"

Co also expects retail FY26 underlying earnings before interest and taxes (EBIT) to be about A$183 million ($129.62 million), in line with brokerage's estimates

Stock is the top gainer on S&P/ASX 200 index .AXJO, which is down 0.3%

Stock up 7.8% so far this week, set for its best week in nearly a year, if current trend holds

Despite moves, PMV down 2.6% YTD

($1 = 1.4118 Australian dollars)