MYR 20.2% 77.5¢ myer holdings limited

Department store sales climbed 74.8 per cent in the first six...

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    Department store sales climbed 74.8 per cent in the first six weeks of the new fiscal year - sales at the same time last year were hit by COVID-19 lockdowns - and rose 21.8 per cent against pre-pandemic levels.

    Investors Mutual fund manager Simon Conn was happy with the payout and said the market must re-rate Myer given its strong performance and online and data assets, or “someone will take it out.”

    (from AFR article yesterday)

    Wow. Wow. Wow.
 
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