Myer reports 3.1 percent drop in Q3 comparable sales

Myer Holdings Limited recorded total sales of 635.3 million Australian dollars (475.2 million dollars), for the 13 weeks to April 28, 2018, down 2.7 percent and down 3.1 percent on a comparable store basis. Online sales of 35.9 million Australian dollars (26.8 million dollars), were up 49.4 percent. Total year to date sales of 2,355 million Australian dollars (1,761.8 million dollars), declined 3.4 percent and were down 3 percent on a comparable store basis. Online year to date sales of 141.1 million Australian dollars (105.5 million dollars), rose 49 percent.