Myer traded at 0.40 this Friday February 6th, decreasing 0.02 or 4.76 percent since the previous trading session. Looking back, over the last four weeks, Myer lost 15.79 percent. Over the last 12 months, its price fell by 54.02 percent. Looking ahead, we forecast Myer to be priced at 0.43 by the end of this quarter and at 0.40 in one year, according to Trading Economics global macro models projections and analysts expectations.
Myer Holdings Limited (Myer) is an Australia-based company, which is engaged in the department store business. The Company operates approximately 60 department stores across Australia, along with one retail online site, myer.com.au. Its merchandise offer includes core product categories, womenswear, menswear, childrenswear, beauty, homewares, electrical goods, toys and general merchandise. The Company's operations are in Australia and encompass Myer department stores, sass & bide, and Marcs and David Lawrence (MDL). In addition to its Australian operations, it also has a sourcing office located in Hong Kong. The Company's subsidiaries include Myer Pty Ltd, NB Elizabeth Pty Ltd, NB Lonsdale Pty Ltd, NB Collins Pty Ltd, Boogie & Boogie Pty Ltd, sass & bide Pty Ltd, Marcs David Lawrence Pty Ltd, sass & bide inc., sass & bide USA inc., Shanghai Myer Service Company Ltd, Myer Sourcing Asia Ltd, NB Russell Pty Ltd, Warehouse Solutions Pty Ltd, and Myer Group Pty Ltd.