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Myer Holds Steady Amid Challenges, Eyes Apparel Brands Merger
9:28am on Monday 13th of January, 2025 AEDT
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Retail
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Myer Holds Steady Amid Challenges, Eyes Apparel Brands Merger
9:28am on Monday 13th of January, 2025 AEDT
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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