FY26 Trading Update
| Stock | Myer Holdings Ltd (MYR.ASX) |
|---|---|
| Release Time | 27 Jul 2026, 8:39 a.m. |
| Price Sensitive | Yes |
Myer Holdings Ltd FY26 Trading Update
- Total sales up 11.3% on an actual basis, 0.3% on a pro forma basis
- Group comparable sales up 0.7%
- Operating gross profit margin in the range of ~39.2% to 39.3%
- Record loyalty engagement and tag rates achieved
- Continued progress on strategic growth priorities and value creation
Myer Holdings Ltd provided a preliminary and unaudited trading update for FY26, reporting total sales of $4,089 million, up 11.3% on an actual basis and 0.3% on a pro forma basis. Group comparable sales increased by 0.7%. Myer Retail total sales rose by 0.7% while Myer Apparel Brands saw a 1.3% decline. Operating gross profit was in the range of ~$1,601 million to ~$1,607 million, with a margin of 39.2%-39.3%. The company achieved record loyalty engagement and tag rates, launched new brands, and progressed on strategic growth priorities and value creation.
Total sales $4,089 million, OGP margin 39.2%-39.3%, FY26
Myer Holdings Ltd remains cautious on the near-term consumer outlook but is confident in its strategic actions to strengthen the Group's competitive position.