Profit downgrade was turning point

The article says Myer CEO Bernie Brookes issued a profit downgrade in May last year, and that downgrade was described as a turning point for the group and its shareholders.

According to the article excerpt, the profit downgrade was issued in May last year.

The article states the profit downgrade was a turning point, but the excerpt provided does not give further detail about why or how it was a turning point.

The commentary is attributed to Malcolm Maiden and is referenced as appearing on Page 38 in the provided excerpt.

No — the short excerpt notes the downgrade was a turning point for the group and its shareholders but does not include specific information about financial impact or outcomes.

The excerpt presents the May profit downgrade as a significant moment for Myer and its shareholders; it doesn't provide guidance or analysis, so readers would need the full commentary for a deeper investor perspective.

No — the provided excerpt only mentions the profit downgrade issued by CEO Bernie Brookes in May last year and labels it a turning point; it contains no further business or performance details.

The excerpt references a commentary by Malcolm Maiden (Page 38). To get more detail, consult the full article or the source where Malcolm Maiden’s commentary appears.