February 8, 2018 / 11:51 PM / in 8 months

BRIEF-Myer Holdings Anticipates Non-Cash Impairment Charge To Be Taken At H1 results

Feb 9 (Reuters) - Myer Holdings Ltd:

* ANTICIPATES 1H 2018 NPAT TO BE BETWEEN $37 MILLION AND $41 MILLION​

* SALES ONLINE IN 1H 2018 WERE UP 48.9 PERCENT

* TOTAL SALES IN 1H 2018 WERE DOWN 3.6 PERCENT TO $1,719.6 MILLION, DOWN 3.0 PERCENT ON A COMPARABLE STORE SALES BASIS

* ‍MYER DOES NOT ANTICIPATE AN IMPROVEMENT IN RETAIL TRADING CONDITIONS DURING SECOND HALF​

* ‍ANTICIPATE THAT THERE WILL BE A NON-CASH IMPAIRMENT CHARGE TO BE TAKEN AT FIRST HALF 2018 RESULT​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below