52 Week Range
As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Myer Expects Challenging Macro Environment And Subdued Consumer Sentiment To Continue In FY2020
Myer Holdings Posts FY Profit Attributable Of $24.5 Million
Myer Holdings Posts HY Profit Attributable To Owners Of $38.4 Mln
Myer Holdings Limited (Myer) is an Australia-based department store company. The Company's department store network includes a footprint of approximately 60 stores in retail locations across Australia. The Myer merchandise offer includes 11 product categories: Womenswear; Menswear; Miss Shop (Youth); Childrenswear; Intimate apparel; Beauty, fragrance and cosmetics; Homewares; Electrical goods; Toys; Footwear, handbags and accessories, and General merchandise. The Company also owns womenswear designer brand, sass & bide. The Company's brands include TOPSHOP TOPMAN, Seed, French Connection, Mimco, Veronika Maine, Jack & Jones and Industrie. The Company's subsidiaries include Myer Pty Ltd, NB Elizabeth Pty Ltd, NB Russell Pty Ltd, Warehouse Solutions Pty Ltd, Myer Group Finance Limited, Myer Group Pty Ltd and Myer Travel Pty Ltd. The Company also undertakes activities outside the department store retail business through its subsidiaries, sass & bide, and FSS Retail Pty Ltd.
Retail (Department & Discount)
PO Box 869
Garry Arthur Hounsell
Non-Executive Independent Chairman of the Board
John Anthony King
Chief Executive Officer, Managing Director, Executive Director
Chief Financial Officer
General Counsel, Company Secretary
Executive General Manager - Store Operations
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Australian department store operator Myer Holdings Ltd swung back to an annual profit on Thursday as a turnaround strategy of ditching low-margin brands and cutting floorspace put the struggling retailer back on track.
Embattled Australian department store operator Myer Holdings Ltd returned to profitability in the first half as a turnaround strategy focused on cutting floorspace and shedding low-margin brands gained traction, lifting its shares sharply.
* Company has struggled against online competition (Recasts, adds share reax, quotes)
Shareholders of Australian department store operator Myer Holdings Ltd voted against the company's executive pay proposals for a second year in a row on Friday, according to proxy votes disclosed at its annual general meeting.
Top Aussie department store chain Myer Holdings Ltd said on Friday its total sales fell in the first quarter but online sales advanced.
Myer Holdings Ltd's <MYR.AX> biggest shareholder has asked the Australian department store chain for a full list of its owners, stoking speculation that a takeover or board spill was in the offing and driving shares of the company up 9 percent.
Shares of Australia's Myer Holdings Ltd jumped 8.8 percent after its largest shareholder Premier Investments Ltd, chaired by billionaire Solomon Lew, asked Myer for a list of its owners, fuelling speculation of a takeover offer.
* Myer 2018 net loss A486 mln vs A$11.9 mln profit previously
Australia's biggest department store chain Myer Holdings Ltd on Wednesday posted its first ever annual loss since listing as it failed to win back customers amid heavy online competition.
Australia's Myer Holdings Ltd has dismissed charges by top shareholder Solomon Lew of engaging in an "extreme" discount program, and said Lew's Premier Investments Ltd is conflicted due to being a major supplier and competitor of Myer.
* Shares climb 14 pct, still less than half their value a year ago (Adds shareholder quote in last two paragraphs)
Australia's biggest department store chain, Myer Holdings Ltd, posted a 2.7 percent drop in third-quarter sales on Wednesday, hit by an unseasonably warm start to winter.
Australia's biggest department store operator Myer Holdings Ltd said on Monday it hired John King, a former head of Britain's House of Fraser Ltd, as its new chief executive officer.
* JOHN KING HAS BEEN APPOINTED AS CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR Source text for Eikon: Further company coverage:
Top Australian department store chain Myer Holdings Ltd <MYR.AX> slumped to its biggest half-yearly loss since listing as it wrote off the value of its underperforming assets, conceding flawed execution of its strategy and an inadequate response to online competition.
* MYER HOLDINGS - AGREED ALL BOARD MEMBERS WILL TARGET SHAREHOLDING IN CO THAT IS EQUIVALENT TO AT LEAST ONE YEAR'S DIRECTOR'S FEES WITHIN THREE YEARS
* H1 LOSS ATTRIBUTABLE TO OWNERS OF MYER HOLDINGS LTD $476.2 MILLION VERSUS PROFIT OF $62.8 MILLION
* H1 NET LOSS INCLUDES A NON-CASH IMPAIRMENT CHARGE OF $500.2 MILLION (POST-TAX)
* No. 2 shareholder has so far supported the Myer board (Recasts and writes through, adds shares)
The biggest shareholder in Australia's Myer Holdings Ltd said he will formally request a meeting to oust the entire board within weeks, accusing the department store firm of lying to investors about the success of its turnaround plan.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.