The Myer Holdings [ASX:MYR] shares are climbing after a FY21 trading update.
At time of writing, MYR shares are trading at 52.5 cents, up 11.7%. This marks a new 52-week high for the Aussie retailer.
Myer Holdings Ltd [ASX:MYR] shares tanked 12% (at time of writing) after releasing mixed H1 results. Let’s take a quick look at why. It seems investors were left unimpressed with Myer’s H1 results even though statutory net profit...
One of Australia’s most recognised retailers, Myer Holdings Ltd [ASX:MYR], is doing it tough through 2020. But it’s not all bad, the MYR share price was trading at 22.2 cents at the time of writing, the company is holding its head above water…for now...
At time of writing, the share price of Kogan.com Ltd [ASX:KGN] is up 8.77%, trading at $12.40. The Kogan share price is on a hot streak, bouncing from the March lows and pushing to new all-time highs...
Target, an iconic department store brand, is on its last legs. Controlling entity Wesfarmers confirmed that 167 Target stores will be no more. With 92 set to become refurbished Kmarts and 75 set to close for good. The bigger question though, is whether it is indicative of a broader retail decline...
Last week saw a relatively steady week for the ASX All Ordinaries [XAO]. It opened at 5,488 points, trading up on the Monday only to fall back over the rest of the week with a minor recovery on Friday, closing out the week at 5,492...
This morning has seen Myer Holdings Ltd’s [ASX:MYR] share price further its recent rally. Adding another 10% gain on top of Friday’s surge. The move comes in the wake of a hopeful outlook for retail. As states across the nation begin to ease COVID-19 restrictions...
The ASX All Ords was up 274 points overall last week, compared to the week prior. This was recovered on Friday, with the XAO trading up 71.30 points to close out the week. With some luck the All Ords looks to be moving into positive territory...
Since the outbreak of the coronavirus pandemic, the Myer share price has plunged over 67%, valuing the company at just $115 million. Myer Holdings Ltd [ASX:MYR] released a business update last month in response to the COVID-19 pandemic...
Today we look at the prospects for future Myer share price growth, its progress on pivoting its business and its long-term outlook. We conclude that despite its recent uptick, the Myer share price may struggle to keep going up as a mid-cycle slowdown approaches.
