Myer Holdings Ltd

MYR: XASX (AUS)

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Myer Earnings: Weak Result Distracts From Improving Trading and Cost Outlook

Johannes Faul

Sep 23, 2025

Myer's fiscal 2025 underlying net profit after tax dropped 30%. The decrease is startling, considering the 12% sales increase, mostly underpinned by newly acquired apparel brands. Australian demand for apparel is soft, and fashion retailers are discounting more. Costs also rose faster than sales.

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Myer Holdings Ltd

Myer Earnings: Weak Result Distracts From Improving Trading and Cost Outlook

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