Australia's Myer Holdings swings to annual loss
23/09/2025 01:29
Sept 23 (Reuters) - Australia's Myer Holdings MYR.AX on Tuesday swung to a loss for fiscal 2025 after incurring a one-off, non-cash impairment of Myer Apparel Brands goodwill. The department store chain reported a statutory net loss after tax of A$211.2 million ($139.31 million) for the fiscal year 2025, versus a profit of A$43.5 million a year before. ($1 = 1.5161 Australian dollars) (Reporting by Sherin Sunny in Bengaluru; Editing by Alan Barona) ((Sherin.Sunny@thomsonreuters.com))
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