Australia's Myer Holdings jumps to 2-1/2-month high on strong second-half sales

Myer Holdings

23/05/2025 02:09

** Shares of Myer Holdings MYR.AX rise as much as 10.1% to A$0.815, their highest levels since March 10

** The retailer's second-half total sales rise 1.9% to A$837.2 million ($536.98 million), driven by use of the loyalty programme among customers

** Co posts a 9% jump in online sales, which represent 21.4% of total sales

** Shares down 36.1%, YTD

   ($1 = 1.5591 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com;))