March 17 (Reuters) - Myer Holdings Ltd (MYR) :
- During the second half we will accelerate the rollout of new Myer initiatives leading to increased costs and capex
- Full year 2016 NPAT guidance range revised to between $66 million and $72 million
- Increase in capex will include our major refurbishment at Warringah
- FY 2016 pre-tax implementation costs associated with new Myer are now expected to be in the range of $20 million to $30 million
- FY 2016 NPAT guidance includes the impact of the 53rd week, which is expected to have a minimal impact on NPAT
- "Revised the dividend target payout ratio to between 50 and 80 percent of annual npat"
- "Not to proceed with two planned store openings at Coomera and Tuggerah and also our recent decision to exit our Brookside store in January 2017"
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| Open | High | Low | Value | Volume |
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