Myer Holdings Limited
(ASX:MYR) has improved its sales by 2.4 per cent to $661.8 million over the third quarter of the 2015 financial year.
The department store retailer’s year to date total sales have grown 1.7 per cent to $2.4 billion, or 1.1 per cent on a comparable stores sales basis.
Myer says the results reflect a full period of contribution from the four major refurbishments and two new stores launched before Christmas.
The company has also highlighted continued strong growth in its online business and noted subdued trading in Western Australia and Queensland over the quarter.
Myer Holdings’ net profit declined 23 per cent to $62.2 million in the first half of the 2015 financial year.
