Original article by Carrie LaFrenz
The Australian Financial Review – Page: 15 : 16-Sep-22

Department store chain Myer released its latest full-year results on 15 September, announcing an underlying net profit of $60.2 million, up 16.5 per cent. Bottom-line profit rose 5.7 per cent to $49 million, while full-year sales were up 12.5 per cent to $2.99 billion; a final dividend of $0.025 per share was declared, to be paid on 7 November. Myer CEO John King said the company was expecting strong trade over the Christmas period, although he expressed fears about the level of consumer confidence, particularly if the Reserve Bank lifts interest rates again at its October meeting.

CORPORATES
MYER HOLDINGS LIMITED – ASX MYR, RESERVE BANK OF AUSTRALIA