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Myer Holdings Ltd (MYR.AX)

MYR.AX on Australia Stock Exchange

0.72AUD
22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Myer Holdings appoints Garry Hounsell as deputy chairman​
Tuesday, 19 Sep 2017 02:50am EDT 

Sept 19 (Reuters) - Myer Holdings Ltd :‍Garry Hounsell appointed as non-executive director and deputy chairman​.It is intended that Hounsell will be nominated as chairman of company upon retirement of Paul McClintock AO from board.  Full Article

Myer Holdings says sales in first six weeks of FY2018 are below expectations
Wednesday, 13 Sep 2017 07:35pm EDT 

Sept 14 (Reuters) - Myer Holdings Ltd :In FY2018, Myer anticipates continuing changes to both consumer behaviour and broader competitive environment."we are obviously disappointed to have not reached our target of exceeding last year's npat of $69.4 million"."progress against our metrics that matter is slower than we anticipated"."Today we are announcing that we will not be renewing leases at colonnades, belconnen and hornsby".Notes that consensus for underlying npat in FY2018 of $66 million already factors in a subdued start to the year.Sales in first six weeks of FY2018 are below expectations.  Full Article

Myer Holdings posts FY net profit after tax $67.9 million
Wednesday, 13 Sep 2017 07:29pm EDT 

Sept 14 (Reuters) - Myer Holdings Ltd :FYy total sales value from ordinary activities down 2.67% to A$3.20 billion.FY net profit after tax $67.9 million versus $69.4 million a year ago.Q4 sales down 1.5%, down 0.2% on a comparable store basis.Declares final dividend of 2.0 cents per share.For 12 month period total sales were down 0.2% on a comparable stores basis.FY operating gross profit was $1.22 billion, with margin down 58 basis points to 38.12% broadly reflecting higher concession mix.All figures in A$.  Full Article

Myer Holdings updates on FY 2017 NPAT guidance
Wednesday, 19 Jul 2017 06:33pm EDT 

July 20 (Reuters) - Myer Holdings Ltd ::Co now anticipates FY2017 NPAT (pre implementation costs and significant items set out below) to be between $66 million and $70 million.Co anticipates FY2017 implementation costs (pre-tax) to be between $18 million and $20 million.Announces decision to write down full carrying value of Myer's 20pct stake in Austradia of $6.8 million.Confirms it has been unable to secure a deal with UK based Arcadia group to allow for continuation of Topshop Topman concessions in Myer.Daniel Bracken (chief merchandise and customer officer / deputy CEO) is leaving Myer.  Full Article

Myer Holdings says total Q3 sales down 3.3 pct
Wednesday, 10 May 2017 08:15pm EDT 

May 11 (Reuters) - Myer Holdings Ltd ::Total year to date (YTD) sales down 1.3 pct to $2.438 billion down 0.3 pct on a comparable store basis.Total Q3 sales down 3.3 pct to $653.0 million, down 2.0 pct on a comparable store basis.Guidance of FY2017 npat growth, (pre and post implementation costs) reiterated.Continues to anticipate EBITDA growth to exceed sales growth in FY2017 and increased NPAT, (pre and post implementation costs) over FY2016.  Full Article

Century Plaza Investments says Premier Investments bought relevant interest in Myer
Wednesday, 29 Mar 2017 01:30am EDT 

Century Plaza Investments: Century Plaza Investments says Premier Investments Ltd has acquired a relevant interest in securities in Myer Holdings Ltd .Century Plaza Investments says Lew Group has not acquired any securities in Myer.  Full Article

Premier Investments says does not currently intend to make takeover offer for Myer holdings
Wednesday, 29 Mar 2017 01:19am EDT 

Premier Investments Ltd : Made a strategic investment of 10.77% in myer holdings limited .Premier Investments Limited advises that it does not currently intend to make a takeover offer for myer holdings limited.  Full Article

Myer Holdings updates on outlook
Wednesday, 15 Mar 2017 05:59pm EDT 

Myer Holdings Ltd : Still anticipates EBITDA growth to exceed sales growth in FY2017 .Still anticipates increased annual NPAT (pre and post implementation costs) over FY2016.  Full Article

Myer Holdings says HY profit attributable A$62.8 mln
Wednesday, 15 Mar 2017 05:58pm EDT 

Myer Holdings Ltd : HY profit attributable to members of Myer up 5.3% to A$62.8 million . HY total sales value from ordinary activities down 0.6% to A$1.78 billion .Interim dividend of 3.0 cents per share.  Full Article

Afterpay Holdings announces 2-year contract with Myer Holdings
Tuesday, 14 Mar 2017 09:15pm EDT 

Afterpay Holdings Ltd : Afterpay announces contract with myer .announce execution of 2 yr contract with Myer Holdings who will be offering Afterpay’s “buy now, receive now, pay later” service to its customers from Q4 FY2017.  Full Article

BRIEF-Myer Holdings appoints Garry Hounsell as deputy chairman​

* ‍Garry Hounsell appointed as non-executive director and deputy chairman​