MYR myer holdings limited

News: MYR Australia's Myer Holdings posts annual loss due to COVID-19 curbs

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    Sept 10 (Reuters) - Australian department store firm Myer Holdings (MYR) on Thursday reported an annual loss as reduced footfall and coronavirus-induced store closures during the second half outweighed strong online sales.

    Excluding one-time costs and impairment charges, full-year net loss after tax was A$11.3 million ($8.22 million) compared with profit of A$33.2 million a year earlier.

    The company did not declare a final dividend for a third straight year. ($1 = 1.3740 Australian dollars)

 
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