MYR myer holdings limited

News: MYR Australian retailer Myer expects to swing to annual profit

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    Aug 12 (Reuters) - Australian high-street retailer Myer Holdings Ltd (MYR) said on Thursday it expected an annual profit for fiscal 2021, compared with a loss last year, despite store closures and headwinds due to the pandemic.

    The company forecast net profit after tax between A$47 million and A$50 million ($34.65 million to $36.86 million) for the year ending July, compared with a net loss after tax of A$11.3 million in fiscal 2020.

    ($1 = 1.3565 Australian dollars)

 
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Last
60.5¢
Change
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Mkt cap ! $1.045B
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