Articles On Myer Holdings (ASX:MYR)

The JB Hi-Fi Limited (ASX: JBH) share price was a top performer on the ASX last year, delivering an impressive 70% gain for shareholders. So, with JB Hi-Fi shares down 15% in the last 2 weeks, is now the time to buy this ASX retailer? How...

The Myer Holdings Ltd (ASX: MYR) share price is trading near an all-time low at 34 cents today after reporting a slump in first-half profits and sales. Statutory net profit after tax (NPAT) fell nearly 30% as the department store battled...

05 Mar 2020 - Retail giant Myer Holdings (ASX:MYR) has reported a 36.5 per cent drop in first half profit to $24.4 million.

Department store Myer (ASX: MYR) has shown promising signs in the first half of FY20, but its achievements were overshadowed by the exit of major brands and a disappointing performance in womenswear. Myer chief executive John King says a...

CDs, records, games and DVDs… it’s not what you’d call a recipe for retailing success in the 21st century. Yet that’s what retail king JB Hi-Fi Limited (ASX: JBH) is best known for selling (it’s even in the name!). Yesterday, JB Hi-Fi repo...

I think that Warren Buffett is one of the best investors in the world. He has mostly stuck to investing in the USA for a variety of reasons, but he’s missing out on some good ASX businesses. There are several growth shares on the ASX I thi...

Owning a company that has a high percentage of its shares held short is something worth digging a little deeper into. Since short sellers gain when the company’s share price falls, it will often indicate there is negative sentiment around...

There are a few different things that can really hurt your overall investment returns, some of them are hidden. We all know that choosing a poor-performing investment can lead to bad returns. Long-term investors in shares like AMP Limited...

There might finally be some good news for traditional retailers as they may have overcome the worst of the digital disruption. This disruption is personified by Amazon as the US online shopping titan landed on our shores two years ago. Whi...

I think one of the trends for the decade just past (the 20teens, for want of a better name) has been the rise of the phrase ‘retail apocalypse’. Technological change and advancement have throughout history brought both winners and losers....

Aussie clothing retailer Jeanswest has collapsed into voluntary administration. There are 988 jobs at risk after the group’s collapse, with administrators KPMG pointing to online competition and a “challenging Australian retail market”. So...

From Air Pods to Zuckerberg, technology has changed the way we experience the world in a blink-and-you’ll miss it fashion. So as we head into the roaring twenties, it seems our retail sector is next in line for a digital makeover. By 202...

Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Friday. Here’s a short recap of the Australian market: S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.83% to...

Retail sales rebounded strongly in November 2019, with retail turnover lifting by 0.9%. The rise in sales was well ahead of economists’ expectations of 0.4% growth, and the strongest growth recorded in 2 years, according to the Australian...

Modest growth in retail spending is predicted in 2020, keeping pressure on for retailers after a difficult 2019. As reported in the Australian Financial Review (AFR), the Australian Retailers Association expects spending to rise 2.4% to 2....

The Reject Shop Ltd (ASX: TRS) share price was an unexpected winner last month, capping off 2019 with a 68% share price rise. TRS shares started December at $2.03 but finished the year off at $3.41 – a monthly gain of 67.98%. Today, the Re...

According to the most recent Westpac Banking Corp (ASX: WBC) Weekly economic report, things could get tougher for savers and income investors in 2020. This is because Australia’s oldest bank is tipping two cash rate cuts and quantitative e...

ASX retailers rely on the Christmas season for an uplift in sales to tide them through to the year. This year, however, there are signs that the Christmas spending season has been replaced by the Christmas saving season, which could spell...

Retailers are expected to buck the negative sentiment surrounding December sales, with the National Retail Association forecasting that a record breaking $2.6 billion was going to be spent on Boxing Day yesterday. The Christmas trading per...

There are signs that the ASX retail sector could be having a bit of a dull Christmas retail period after the exciting Black Friday and Cyber Monday sales almost a month ago. According to reporting by the Australian Financial Review, retail...

The Scentre Group (ASX: SCG) share price is pushing higher in afternoon trade. The shopping centre-focused property group’s shares are up almost 1% to $3.88 at the time of writing. Why is the Scentre Group share price pushing higher? Inves...

The Department Store market in Australia has long been dominated by just two names – Myer and David Jones. Offering a one-stop shopping destination for fashion, homewares and just about everything else, Australian consumers loyalty spent th...

In this article, we are discussing six companies from the consumer discretionary sector. Black Friday has just passed, and officially, the festive season has started. However, the Westpac-Melbourne Institute Index of Consumer Sentiment for...

One of the toughest industries to make any decent money is retail. Local suburb shops are really struggling and large ASX retail businesses aren’t finding it much easier. According to reporting by News.com.au, yet another retailer has gone...

Retail sector is said to be sensitive to the economic booms and busts due to its very nature of consumer-focused offerings and services. It is also one of the most dynamic and constantly evolving sectors, credited to the fast-changing consu...

It’s definitely a good sign when a big name investor gets behind a company and this week Stephen Copulos has decided to drop some cash on gold miner Middle Island Resources (ASX:MDI). Copulos is best known for his holdings in Myer (ASX:MYR)...

The Afterpay Touch Group Ltd (ASX: APT) share price is up after the leading buy now, pay later company gave an update for the four months to 31 October 2019 during its annual general meeting. As you might expect from Afterpay, there was a...

The Afterpay Touch Group Ltd (ASX: APT) share price has been volatile following the release of a business update ahead of annual general meeting. In morning trade the payments company’s shares surged as much as 10% higher before giving bac...

With the S&P/ASX200 (ASX: XJO) index yesterday closing at 6,697 points (just shy of the all-time high hit in July), it’s safe to say we are seeing stocks at robust and healthy valuations across the board. Although for anyone with a hea...

Introduction This year the Reserve Bank of Australia (RBA) has cut the interest rates thrice and there is an anticipation for it to be cut again for the fourth time. Therefore, the current cash rate is at a record low of 0.75%, the cash dep...

Show me a seasoned share market investor who’s never made a loss and I’ll show you a liar. Investing mistakes and plain bad luck is inevitable given enough time in the sharemarket. Below, I’ve listed three rules to help us all avoid buying...

In this article, we would discuss three stocks that have been in the media discussions and investors’ radar recently due to their ongoing legal challenges. These three stocks include Westpac, Fortescue and Myer Holdings. Westpac Banking Co...

The Federal Court has ruled that Myer Holdings Ltd (ASX: MYR) misled shareholders and breached its continuous disclosure requirements with statements made about its expected profit for the FY15 financial year. Myer’s share price has dipped...

The Federal Court has ruled Myer (ASX: MYR) will not need to pay damages in a class action brought by Amies Superannuation Fund trustee TPT Patrol, despite finding the retailer had engaged in misleading or deceptive conduct over a four-mont...

The Myer Holdings Limited (ASX: MYR) share price is on watch after the Federal Court found it misled shareholders in 2015. What did Myer announce yesterday? Myer provided an after-market update as the Federal Court handed down a judgement...

Webjet Limited (ASX: WEB), Thorn Group Ltd (ASX: TGA) and Myer Holdings Ltd (ASX: MYR) are three ASX shares that appear cheap… but are they leading investors into a value trap? Webjet Limited (ASX: WEB) Last year’s acquisition of Destinatio...

Talk of the ‘next recession’ has been hot this year. Whilst there is no set timeframe for recessions to take place, the gyrations of Brexit and the US–China trade war combined with the mere fact the world hasn’t seen a global downturn in o...

Shares of Australian infant products retailer Baby Bunting Group Ltd (ASX: BBN) have been on a tear recently. Since the beginning of August, Baby Bunting’s share price has soared almost 50% higher to $3.47 as at the time of writing, even...

Retail Sector is that part of economy where businesses sells their goods through stores or through internet to the public. The one way this sector is different from the other sectors is that the retail sector does not create its own product...

It seems Australians have gotten used to house prices climbing on an endless path upwards. Despite cries from the millennial generation over the lack of housing affordability, most Aussies have grown warmly accustomed to their biggest tax-...

Retailers are struggling as Australian households continue to tighten their purse strings in the face of economic uncertainty. Consumer spending is down, leaving a wave of retailers in sectors from clothing to fast food to shut up shop. Th...

In this era of record-low interest rates, ASX dividend shares are very much in vogue. After all, when the Reserve Bank of Australia (RBA) cut interest rates for the third time this year two weeks ago, it further reduced the interest rates...

Wilson Asset Management, a leading investment manager in Australia, has come up with its September 2019 update. Global Cues In September 2019, the MSCI World Index (AUD) firmed up 2% amid escalating tensions between the two largest economie...

Twice now, it was meant to be the biggest initial public offering (IPO) for the Australian market… …and twice now it’s been pulled. Last night the news alert came through: Latitude Financial had their public listing cancelled. Which is odd…...

When Wilson Asset Management gives its monthly portfolio updates to the market, many investors sit up and listen (this writer included). For a company that runs six successful listed investment companies (LICs), including one that has deli...

With RBA interest rates at new record lows, here are 10 ASX dividend shares for you to consider adding to your watchlist. To calculate the yields on these stocks I have used the historical/trailing dividend payments. Meaning, the dividends...

The Reserve Bank of Australia (RBA) is looking likely to cut interest rates again tomorrow, which would mean that our cash rate would be at a new record low of 0.75%. What you would probably know is that this will mean bank savings account...

Short & Caught is Stockhead’s fortnightly recap of which ASX small cap stocks are heavily shorted. Stocks that are shorted have investors betting that they fall. Shorting works by “selling” stocks you do not actually own in the hope of...

The Premier Investments Limited (ASX: PMV) share price is up 12% to $17.60 today after the retailer beat analysts’ forecasts with a fiscal 2019 underlying net profit before tax of $177.6 million on group revenue of $1,275.5 million. The gr...

The Premier Investments Limited (ASX: PMV) share price could be on the move today after the retail conglomerate released its results for FY 2019. How did Premier Investments perform in FY 2019? In FY 2019 Premier Investments reported a 4.2...