Australia’s Myer’s FY26 sales rise 11.3% to $4.09 bn

Myer Holdings reported FY26 total sales of $4.09 billion, up 11.3 per cent, while underlying net profit after tax fell 2.9 per cent to $42.5 million.
A $279.6 million impairment resulted in a statutory loss.
The Australian retailer said early FY27 comparable sales were broadly flat and is targeting costs at about 29 per cent of sales.Read More