Myer Holdings Ltd

MYR: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Myer Earnings: Discounts to Revamp Its Range Drag on Margins

Johannes Faul , Alex Anderson

Mar 24, 2026

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.

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Myer Holdings Ltd

Myer Earnings: Discounts to Revamp Its Range Drag on Margins

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