Myer reports FY26 sales increase of 11.3 percent amid volatile trading

Australian department store operator Myer Holdings Limited (Myer Group) has released a preliminary and unaudited trading update for the financial year 2026, covering the 12 months ended July 25, 2026. Total group sales reached 4.09 billion Australian dollars (2.86 billion dollars), representing an 11.3 percent increase on an actual basis compared to the previous financial year. On a pro forma basis, total sales rose 0.3 percent, supported by sales momentum in womenswear, kidswear, home categories, Just Jeans, marketplace, and concession sales.