Myer has posted a statutory net loss after tax of $172.4 million for the 2020 full year, a decline of more than 800 per cent on last year’s $24.5 million statutory profit.
Unsurprisingly, online sales grew by nearly 100 per cent in the second half of the year compared to the prior year, with strong growth in beauty and homewares
MYR Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
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