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Myer Holds Steady Amid Challenges, Eyes Apparel Brands Merger
7:03pm on Monday 2nd of June, 2025 AEST
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Retail
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Myer Holds Steady Amid Challenges, Eyes Apparel Brands Merger
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Group comparable sales flat year-on-year
Total sales declined 0.8%, impacted by Werribee store closure
Operating gross profit down $15 million; EBIT down $16 million
Online sales grew 2.8%, now 22% of total sales
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Myer Holdings (ASX:MYR)
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