Myer profits dip

Company News


Myer Holdings Limited (ASX:MYR) has booked decline in full-year profit, amid waning consumer confidence in the retail space.
 
In the year to July 27, Myer posted a net profit of $127 million, an 8.7 per cent decline on last year’s result.
 
In the same period, total sales revenue was $3.1 billion, a 0.8 per cent increase on the previous year.
 
The group will pay a fully-franked final dividend of eight cents.

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?