Sept 14 (Reuters) - Myer Holdings Ltd (MYR)
- In FY2018, Myer anticipates continuing changes to both consumer behaviour and broader competitive environment
- "we are obviously disappointed to have not reached our target of exceeding last year's npat of $69.4 million"
- "progress against our metrics that matter is slower than we anticipated"
- "Today we are announcing that we will not be renewing leases at colonnades, belconnen and hornsby"
- Notes that consensus for underlying npat in FY2018 of $66 million already factors in a subdued start to the year
- Sales in first six weeks of FY2018 are below expectations
Sept 14 (Reuters) - Myer Holdings Ltd (MYR) In FY2018, Myer...
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