Articles On Myer Holdings (ASX:MYR)

ASX retail shares are having a tough time in the face of high inflation and rising interest rates. Experts say it takes 12 months for the first rate rise to filter through to people’s spending decisions. It’s been 15 months since that f...

08 Aug 2023 - In its latest trading update, Australian department store chain Myer (ASX:MYR) has raised its profit expectations by an impressive 15 to 21 per cent for the financial…

In its latest trading update, Australian department store chain Myer (ASX:MYR) has raised its profit expectations by an impressive 15 to 21 per cent for the financial year 2023. The updated profit forecast now ranges between $69 million and...

The S&P/ASX 200 Index (ASX: XJO) is battling for a small gain on Tuesday. In afternoon trade, the benchmark index is up 0.2% to 7,322.3 points. Four ASX shares that have failed to follow the market higher today are listed below. Here...

Myer Holdings (ASX: MYR) has forecast a marginal lift in sales for the second half in the latest sign that consumers are tightening their belts, but the department store operator is still expecting a healthy lift in net profit for the full...

The Myer Holdings Ltd (ASX: MYR) share price has sunk after the ASX share revealed ongoing sales growth in the FY23 second half, but the CEO is retiring. Myer is a department store retailer, with a growing online shopping presence. FY23 sal...

Investors have been a little wary of ASX retail shares in 2023 in light of high inflation and interest rates. But one expert thinks higher-quality retail stocks are likely to see an uplift over the coming years due to the benefits of popul...

The S&P/ASX 200 Index (ASX: XJO) share Premier Investments Limited (ASX: PMV) has seen a major sell-off. It has dropped around 25% from March 2023, putting the company at a much cheaper price. While Premier Investments isn’t a recogn...

Any ASX All Ordinaries Index (ASX: XAO) share that offers a dividend yield of 10% or more probably sets off two reactions in most All Ords investors’ heads. The first might be one of interest. After all, the prospect of getting $1 back in...

06 Jun 2023 - Contrary news in the boardrooms of of Myer (ASX:MYR) and Elders (ASX:ELD) on Monday, with one unexpectedly losing and the other surprisingly retaining its CEO .

ShareCafeCorporate Chatter: MYR, ELD Contrary news in the boardrooms of of Myer and Elders on Monday, with one unexpectedly losing and the other surprisingly retaining its CEO . ………… Department store chain Myer (ASX: MYR) told the ASX on Mo...

Myer (MYR) CEO and Managing Director John King is set to retire from his role at the company in the second half of 2024 after five years with the company Mr King established the company’s customer-first plan and guided Myer through the p...

John King, the UK-born retail industry veteran who has turned around the fortunes of Myer Holdings (ASX: MYR) over the past five years, has announced he will be retiring as CEO in the second half of next calendar year for personal reasons....

The ASX is set to open over 1pc higher Oil prices jumped over 3pc after the Saudis announced a production cut The RBA will meet tomorrow to decided on rate setting   Aussie shares are set to extend their gains to a third consecutive day a...

ShareCafeIndexes mixed as CPI data for April is released                    A widely followed measure of inflation rose in April, though the pace of the annual increase provided some hope that the cost of living will head lower later...

We recently researched Premier Investments (PMV) after the Company announced its results for the six months to 28 January 2023 (1H23). It was a solid result and the Company provided further detail on growth and expansion projects for its ke...

The S&P/ASX 200 Index (ASX: XJO) can be a very good place to look for investment opportunities because some of the ASX 200 shares in the index are delivering global growth. I think Australia is a great country for companies to do busi...

Share tips and stock recommendations for the Australian (ASX) share market – buy, hold, and sell. Michael Gable is an expert guest commentator for the stock market newsletter thebull.com.au. This post is an extract from the newsletter dated...

ShareCafePremier Shares the Spoils with Monster Payout Solomon Lew’s Premier Investments has rewarded shareholders with a special interim dividend, taking total dividends for the first half to 70 cents per share after posting record sales a...

The Premier Investments Limited (ASX: PMV) share price is up after the company announced its FY23 half-year result which included strong profit growth. Premier Investments owns a number of retail brands including Just Jeans, Portmans, Dotti...

The Myer Holdings Ltd (ASX: MYR) share price has done very well in recent months. It has risen around 30% in 2023 to date and gained 60% in the last 12 months. That compares very favourably to the performance of the S&P/ASX 200 Index (...

I’m feeling optimistic about the valuations of some S&P/ASX 200 Index (ASX: XJO) shares. The lower the share prices go, the more attractive a good business looks. It’s certainly true that the outlook doesn’t look as rosy as it di...

Morningstar forecasts non-essential goods demand to weaken throughout 2033 Rising services spending a headwind to goods, but some opportunities in discretionary retail Demand for some categories, such as recreational goods, remain above pr...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a decent gain. At the time of writing, the benchmark index is up 1% to 7,022.9 points. Four ASX shares that have failed to follow the market higher today are...

The market may be pushing higher today, but the same cannot be said for the Myer Holdings Ltd (ASX: MYR) share price. In morning trade, the department store operator’s shares are down 10% to 90 cents. Why is the Myer share price sinking?...

ShareCafeUS Treasury Secretary reassures protection for smaller banks                    Stocks rose on Tuesday as traders became optimistic on the financial sector’s outlook following Treasury Secretary Janet Yellen’s reassurances to...

A number of All Ordinaries (ASX: XAO) shares will be allocating their dividend to shareholders this week. So, if investors want those payments they’ll need to be quick. Most businesses have just reported their result for the period to De...

One of the most popular exchange traded funds (ETFs) on the Australian share market is the Vanguard Australian Shares Index ETF (ASX: VAS). This ETF aims to track the return of the S&P/ASX 300 Index before taking into account fees, exp...

After delivering a bumper net profit in the latest half-year, department store giant Myer Holdings (ASX: MYR) has announced it is pulling the pin on its flagship store in Brisbane’s CBD in a major shake-up of the Myer Centre tenant register...

10 Mar 2023 - Department store chain Myer (ASX:MYR) delivered on Thursday what was arguably the best result from the retailing sector for the first half of the 2022-23 financial ye…

ShareCafeBig gains from tech and consumer discretionary boost ASX 0.05% by Peter Milios   Australian shares remained resilient to ex-dividend falls in major companies, including BHP (ASX:BHP), Rio Tinto (ASX:RIO), and CSL (ASX:CSL), as most...

Shares for luxury department store Myer, were surging more than 15% after the group posted a record half year of sales and robust dividends. The post Myer’s [ASX:MYR] Record Half Year Results and Dividends Send Shares Soaring appeared firs...

ASX 200 adds just 0.1% because it was literally the least it could do. Aussie tech stock surge negated by Doctors and Miners having a bad hair day. Two ASX-listed lithium players are under attack over alleged corruption in Africa, of all p...

The ASX closed flattish on Thursday Coal stocks rebounded, while Mining and Tech stocks lagged China’s President Xi called for more military innovation   Aussie shares closed flattish on Thursday as falls in Mining and Healthcare stocks w...

It’s been a pretty positive day for ASX shares and the All Ordinaries Index (ASX: XAO) so far this Thursday. After a rocky start, the All Ords is tentatively in the green at the time of writing, having put on 0.12%, which lifts the Index t...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a modest gain. The benchmark is currently up slightly to 7,311.3 points. Four ASX shares that are climbing more than most today are listed below. Here’s why...

The Myer Holdings Ltd (ASX: MYR) share price has jumped 15% after the department store business announced an impressive HY23 result, and a big dividend. Myer operates a number of department stores around the country, while also offering e-c...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

The Myer Holdings Ltd (ASX: MYR) share price is shooting higher on Thursday morning. At the time of writing, the department store operator’s shares are up 17% to a 52-week high of $1.12. This follows the release of the company’s half-y...

Department store Myer (ASX: MYR) has today announced its profits during the first half of its financial year doubled to hit $65 million - the group’s strongest NPAT performance since 1H14. The 101.4 per cent profit increase during the 26 w...

It’s still early days, but 2023 is emerging as the year of the takeover as cashed-up predators smell the blood of wilted valuations in the water. So far, most of the big-ticket action has been in the resources sector, most recently with New...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a solid gain. At the time of writing, the benchmark index is up 0.75% to 7,338.9 points. Four ASX shares that have failed to follow the market hig...

The creep’s back on at retailer Myer Holdings. 

The leading investors from Wilson Asset Management (WAM) have shared two undervalued ASX shares on their radar. WAM operates several listed investment companies (LICs). Some, like WAM Leaders Ltd (ASX: WLE), focus on larger companies. Mean...

Premier Investments Limited (ASX: PMV) shares could make a great first investment with $500. It’s an S&P/ASX 200 Index (ASX: XJO) stock that offers investors a good dividend yield. If I were looking to invest, I’d want to go for a...

If the Reserve Bank board really wants to break the spirit of Australian shoppers, it’s going to have to try harder: consumers are digging in like a tennis champ deep into a five-setter, deftly returning the central bank’s volley of rate ri...

The Aussie dollar is making a comeback recently as the case for a super Fed hike subsides Why is this important for businesses and investors? Stockhead reaches out to OFX’s Matt Richardson   Australia’s inflation rate of 7.8% is at the hi...

The S&P/ASX 200 Index (ASX: XJO) has come under pressure on Wednesday after a higher than expected inflation reading. In afternoon trade, the benchmark index is down 0.2% to 7,476.2 points. Four ASX shares that aren’t letting that h...

25 Jan 2023 - Myer (ASX:MYR) has joined the list of retailers that did better than expected in the December half year-January period.

25 Jan 2023 - Myer (ASX:MYR) has joined the list of retailers that did better than expected in the December half year-January period.