Myer lifts Q1 sales slightly

Retailer expects trading conditions to remain challenging in the year ahead, shares spike more than 3.5% in early trade.

Myer Holdings (MYR) expects trading conditions to remain challenging in the year ahead, but is confident of its position in the market after posting a slight lift in first-quarter sales.

Investors responded well to the news. At the 1015 AEDT official market open, Myer lifted 3.72% to $2.79, against a benchmark index decline of 0.35 per cent.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles