Financial News, Analysis and Data, FNArena

FNArena

Financial news, analysis and data for self-managing and self-researching investors with key focus on the Australian Stock Exchange (ASX)

Financial News, Analysis and Data

Online financial media company focused on Australian equities, with a global perspective

Equity Bottom-Up

<ul><li>While FY25 results for Myer revealed resilient sales, a step-up in costs was cause for concern though analysts generally believe management's strategy reset remains on track.</li><li> -Myer's FY25 result disappoints on costs, shares weaken -Analysts posit it is still early in management&rsquo;s multi-year transformation plan -Step-up in CODB costs is structural, cautions Ord Minnett -If all goes well, shareholders can expect significant step-up in dividends</li></ul>

While FY25 results for Myer revealed resilient sales, a step-up in costs was cause for concern though analysts generally believe management's strategy reset remains on track. -Myer's FY25 result disappoints on costs, shares weaken -Analysts posit it is still early in management&rsquo;s multi-year transformation plan -Step-up in CODB costs is structural, cautions Ord Minnett -If all goes well, shareholders can expect significant step-up in dividends

Enlarged Myer Stumbles, But Remains Confident

Myer Holdings

Enlarged Myer Stumbles, But Remains Confident