MYR 1.27% 80.0¢ myer holdings limited

Ann: Half-Year Results - Release and Presentation, page-27

  1. 20,390 Posts.
    lightbulb Created with Sketch. 1990
    Agree
    MYR is pulling in a number of levers to add value
    1. The continuing of strong loyalty program with an exceptional tag rate
    2 the reduction of space which not only improves cost to revenue but reduced long term lease responsibilities which creates more flexibility
    3 the increased online margin of the new semi automate distribution facility will also allow better inventory management allowing less discounted at the physical stores
    4 being able to scale up online business

    it’s very well positioned to continue growing and improving financial metrics . So I agree or growth should come organically and Paying dividends is possible while the above is implemented.
 
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