FY26 Results - Release and Presentation

• Comparable sales growth of 0.7% despite challenging conditions
• Net cash position of $100 million and undrawn debt facilities of $200 million
• Record high MYER one tag rate of 81.5% and increased active customers

Myer Holdings Ltd reported financial results for FY26, showing comparable sales growth of 0.7% and total sales up 11.3% on an actual basis. The company maintained a net cash position of $100 million and had undrawn debt facilities of $200 million. Myer Retail achieved a record tag rate of 81.5% and increased active members to 5.3 million. The company expanded its product offerings, launched new brands, and progressed its Value Creation program, delivering $20 million in synergies from Myer Apparel Brands integration and $17 million from Value Creation.

FY27 CODB targeting ~29% of total sales

The company expects continued volatility in consumer behavior and discretionary spending over the next 12 months. Despite near-term challenges, strategic actions are expected to strengthen the Group's competitive position and support long-term shareholder value.