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Myer Holdings Ltd

MYR.AX

Latest Trade

0.59AUD

Change

0.01(+0.85%)

Volume

1,032,630

Today's Range

0.58

 - 

0.59

52 Week Range

0.36

 - 

0.74

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Pricing

Previous Close
0.59
Open
0.59
Volume
1,032,630
3M AVG Volume
32.69
Today's High
0.59
Today's Low
0.58
52 Week High
0.74
52 Week Low
0.36
Shares Out (MIL)
820.95
Market Cap (MIL)
472.24
Forward P/E
12.71
Dividend (Yield %)
--

Next Event

Myer Holdings Ltd Annual Shareholders Meeting

Latest Developments

More

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

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About Myer Holdings Ltd

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.

Industry

Retail (Department & Discount)

Contact Info

PO Box 869

+61.3.86676000

Executive Leadership

Garry Arthur Hounsell

Non-Executive Independent Chairman of the Board

John Anthony King

Chief Executive Officer, Managing Director, Executive Director

Nigel Chadwick

Chief Financial Officer

Jonathan Garland

General Counsel, Company Secretary

Anthony Sutton

Executive General Manager - Store Operations

Key Stats

3.14 mean rating - 7 analysts
Sell
Hold
Buy
Revenue (MM, AUD)

2017

3.2K

2018

3.1K

2019

3.0K

2020(E)

2.9K
EPS (AUD)

2017

0.082

2018

0.040

2019

0.040

2020(E)

0.045
Price To Earnings (TTM)
19.77
Price To Sales (TTM)
0.19
Price To Book (MRQ)
0.78
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
14.31
LT Debt To Equity (MRQ)
14.31
Return on Investment (TTM)
2.84
Return on Equity (TTM)
1.85

Latest News

Latest News

UPDATE 3-Australia's Myer turnaround strategy bears fruit with online sales showing promise

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.

CORRECTED-UPDATE 3-Australia's Myer back in black, shares jump

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.

UPDATE 2-Australia's Myer board survives, shareholders lash pay

* Company has struggled against online competition (Recasts, adds share reax, quotes)

CORRECTED-Shareholders of Australia's Myer vote down executive pay plan

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.

Australia's Myer Holdings Q1 sales fall 4.8 pct on year

Top Aussie department store chain Myer Holdings Ltd said on Friday its total sales fell in the first quarter but online sales advanced.

Top Myer shareholder seeks owner list, spurs M&A speculation

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.

Australia's Myer Holdings jumps 8.8 pct on request for owners' list

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.

UPDATE 3-Australia's Myer posts first annual loss since IPO amid online exodus

* Myer 2018 net loss A486 mln vs A$11.9 mln profit previously

Australia's Myer clocks first ever annual loss since listing

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 rebuts discounting charge, says shareholder 'conflicted'

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.

UPDATE 3-Australian retailer Myer slows sales decline as new CEO begins

* Shares climb 14 pct, still less than half their value a year ago (Adds shareholder quote in last two paragraphs)

Australia's Myer reports fall in Q3 sales

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 Myer names former House of Fraser head King as new CEO

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.

BRIEF-Myer Names John King As CEO & Managing Director

* JOHN KING HAS BEEN APPOINTED AS CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR Source text for Eikon: Further company coverage:

Australia's Myer swings to first-half loss, freezes dividend under e-commerce pressure

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.

BRIEF-Myer Holdings Board Approved A Reduction In Board Fees

* 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

BRIEF-Myer Holdings Posts H1 Loss Attributable Of $‍476.2​ Mln

* H1 LOSS ATTRIBUTABLE TO OWNERS OF MYER HOLDINGS LTD $476.2 MILLION VERSUS PROFIT OF $62.8 MILLION

BRIEF-Myer Holdings Says H1 ‍Net Loss Includes A Non-Cash Impairment Charge ​

* H1 NET LOSS INCLUDES A NON-CASH IMPAIRMENT CHARGE OF $500.2 MILLION (POST-TAX)

UPDATE 1-Retail tycoon seeks support to oust Myer board; slams non-shopper chief

* No. 2 shareholder has so far supported the Myer board (Recasts and writes through, adds shares)

Biggest shareholder in Australia's Myer seeking support to oust the board

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.

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