MYR 2.27% 64.5¢ myer holdings limited

Ann: Trading Update, page-2

  1. 10,447 Posts.
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    There's nothing about whether the company made a NPAT for the five months ending on 26 December 2021..

    Have the 'higher costs of doing business' wiped out NPAT?

    Other than that important question, other indicators are strong.

    Online sales in 1H 21 were A$287.6 million so a 54.3 per cent rise (if it continues to 31 January 2022) would mean about $447.7 million for the half year through this channel. Provided it generates net profit and not just pointless revenue, good.

    When in MYR Melbourne (CBD store) last week, there were more shoppers than I expected at an early hour but obviously still well down on pre-COVID-19 physical visits to stores, and the same goes for Melbourne's shopping centres as pictures above in a previous post demonstrate.






 
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