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.
MYR Price at posting:
50.5¢ Sentiment: Buy Disclosure: Held
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