MYR 0.61% 81.0¢ myer holdings limited

Ann: Becoming a substantial holder from MUFG, page-77

  1. 6 Posts.
    lightbulb Created with Sketch. 8
    I like your positive sentiment
    I’m expecting online growth to be similar to David Jones at around 100%.
    I think some categories would’ve hit 800% on peak days but the overall improvement across the board will be much lower
    There will be a large drop in sales compared to last year but it will be offset by a lower cost of doing business with job keeper and rent waivers
    David Jones sales in the last 9 weeks has been down around 8%. Myer should be fairly similar but I think the key point to upcoming releases is they can offset the reduced sales and maintain a strong cash flow
 
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