Myer clears $4 billion sales hurdle as its retail reset reaches a crucial test

• Total sales rose 11.3% to $4.09 billion, with comparable sales up 0.7%
• Underlying EBIT fell 7.0% to $139.4 million and underlying NPAT declined to $42.5 million
• $279.6 million of post-tax impairments hit goodwill, brands and store assets
• Apparel Brands sales fell 1.3% on a pro forma basis, while Just Jeans grew 6.0%