Myer is growing its online sales by 50% per year, and I would expect that to continue to grow by at least 25% per year for the next 5 plus years as a conservative estimate.
Myer hasnt YET embarked on any new verticals like Kogan.
But if you Bought X item, do you want to walk around with your Kogan Bag or a Myer Bag ??
Im not sure how much more air can be Pumped into Kogan.
Im not sure how much more air can be drained out of MYR.
At some point, the trade of the Decade could become Short Kogan, Buy Myer. Not yet though.
MYR Price at posting:
48.3¢ Sentiment: Buy Disclosure: Held
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