First Impression: Myer (MYR) FY16 Result
Operating gross profit margin declined by 164 basis points to 38.7% (strong concession sales and lower Myer Exclusive Brands (MEB) sales) | The cost of doing business margin reduced by 93 basis points to 32.5% | Net operating cash flows improved by $36 million to $186m.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.
1 stock mentioned
Comments
Comments
Sign In or Join Free to comment