U.S. Markets close in 2 hrs 39 mins

Myer Holdings Limited (MYR.AX)

ASX - ASX Delayed Price. Currency in AUD
Add to watchlist
0.74-0.01 (-1.99%)
At close: 4:10PM AEST
Full screen
Previous Close0.75
Bid0.74 x 28898700
Ask0.74 x 3200000
Day's Range0.74 - 0.75
52 Week Range0.72 - 1.46
Avg. Volume5,581,878
Market Cap607.74M
PE Ratio (TTM)9.49
EPS (TTM)0.08
Earnings DateSep 14, 2017
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.76
  • Reuters15 days ago

    Amazon picks its first Australian warehouse, a step towards launching

    U.S. retail giant Amazon.com unveiled the site of its first Australian warehouse on Thursday and named a German executive as country manager, signalling it is prepared for industrial strife in the world's 12th-biggest economy. Three months after revealing plans to launch online shopfront service Amazon Marketplace in Australia, the Seattle-based retailer said it had chosen an industrial area outside the second-biggest city Melbourne for its first warehouse. The move sets the stage for a showdown with Australia's entrenched retail establishment such as Myer and JB HiFi, as well as with labour unions if Amazon's German example is anything to go by.

  • Barrons.com3 months ago

    Wesfarmers Slides 3% As Morgan Stanley Downgrades On Amazon Fears

    Australian conglomerate Wesfarmers (WES.AU) is down more than 3% this morning after Morgan Stanley downgraded the stock to underweight from equalweight and warned it would be hurt by the arrival of Amazon (AMZN). Morgan Stanley said Wesfarmers - which owns some of Australia's biggest retailers including Coles supermarkets, Bunnings, Target, Kmart and Officeworks - would suffer a $400 million hit to its earnings before interest and tax by 2026 due to the arrival of Amazon, prompting the broker to lower its valuations for businesses like Kmart, Target and Bunnings.

  • Reuters3 months ago

    Australia's Myer says local Topshop chain in administration

    Australia's biggest upmarket department store operator Myer Holdings Ltd said on Wednesday the local franchisee of British fashion retailer Topshop, of which it owns one fifth, has appointed voluntary administrators. In a regulatory filing, Myer said the local franchisee, Austradia Pty Ltd, appointed administrators, and that the two companies would work with Topshop's British parent, Arcadia Group, "to deliver the best outcomes for customers and other stakeholders". The move, just six years after Topshop launched in Australia, reflects the tough trading conditions facing the country's bricks-and-mortar retailers amid intense competition from "fast fashion" chains like H & M Hennes & Mauritz AB and online giants such as Amazon.com Inc.