IMO, Myer just needs to focus on selling clothing that people want. Desirable clothes that look nice and are exclusive to Myer. None of the building an ice skating rink in the middle of a store, or sponsoring Katy Perry concerts nonsense, like they did under Umbers. Their sales decline is only running at about 3% a year, so if they start selling stuff that people want, it shouldn't be a hard task to reverse that 3% slide, stabilising sales. And at the current price, even a stabilisation of sales and earnings makes the stock look fairly cheap.
News: MYR Myer Holdings Says HY Online And Omnichannel Sales Up 18.6 Pct, page-27
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
62.8¢ |
Change
0.013(2.03%) |
Mkt cap ! $1.062B | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 62.8¢ | 62.0¢ | $162.1K | 259.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 187664 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 248948 | 13 |
View Market Depth
| Last trade - 10.18am 28/07/2025 (20 minute delay) ? |
| MYR (ASX) Chart |