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Myer’s 1H26 Sales Surge 24.5% as Growth Strategy Gains Momentum

8:32am on Tuesday 24th of March, 2026 AEDT Retail
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Myer’s 1H26 Sales Surge 24.5% as Growth Strategy Gains Momentum

8:32am on Tuesday 24th of March, 2026 AEDT
Key Points
  • Total sales increased 24.5% to $2.28 billion, pro forma up 2.1%
  • Underlying NPAT rose 21.7% to $51.7 million despite strategic investments
  • Cost of doing business managed within FY26 target of ~29% of sales
  • Record MYER one loyalty tag rate and 5.1 million active members
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