Myer Holdings Ltd
MYR: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|KC#!GD | LOCK|J^> | LOCK|?C>q$w |
Myer Earnings: Discounts to Revamp Its Range Drag on Margins
Myer's first-half fiscal 2026 sales were up 2%, after adjusting for the acquisition of five apparel brands from Premier Investments. Despite the slight sales uplift, underlying net profit after tax fell by 17%, driven by lower gross margins and greater development costs.
