Peet Limited provided earnings guidance for the year ended June 30, 2022. For the period, the company expects operating profit after tax to be $52.3 million, subject to the completion of the fiscal 2022 audit. This is in line with the top end of the guidance range ($48 million to $52 million) announced in May 2022.

Peet's expected profit performance for fiscal 2022 equates to earnings per share of 10.8 cents per share and subject to the completion of the fiscal 2022 audit and Board approval, the final dividend is expected to be 4 cents per share, fully franked. This will bring the total fiscal 2022 dividend to 6.25 cents per share, fully franked.