Myer sees elevated annual sales, but is cautious amid economic headwinds
Inside Retail
SEPTEMBER 13, 2023
Department store chain Myer delivered its highest full-year sales since 2005 this year but remains cautious as consumer spending declines due to unfavourable economic conditions. ” Net profit rose 18.2 Statutory net profit rose 23.3 Myer’s total sales grew 12.2 per cent to $3.36 billion in FY23.
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