BRIEF-Myer Posts H1 Net Income Of A$42.4 Mln

Reuters
19 Mar
BRIEF-Myer Posts H1 Net Income Of A$42.4 Mln

March 19 (Reuters) - Myer Holdings Ltd MYR.AX:

  • H1 NET INCOME AUD 42.4 MILLION

  • SALES FOR FIRST FIVE WEEKS OF 2H25 ARE DOWN 2.6% VERSUS PCP

  • NATIONAL DISTRIBUTION CENTRE EXPERIENCED IMPLEMENTATION ISSUES AND IS NOT YET OPERATING AS DESIGNED

  • ANTICIPATED THAT THE NDC CHALLENGES WILL CONTINUE TO IMPACT FINANCIAL PERFORMANCE IN 2H25

Further company coverage: MYR.AX

((Reuters.Briefs@thomsonreuters.com;))

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