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Australian retail stalwart Myer reports worst annual profit since listing
Published Thu, Sep 14, 2017 · 09:50 PM
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Sydney
AUSTRALIA'S biggest department store operator Myer Holdings on Thursday posted its lowest annual profit since listing amid a seemingly unstoppable wave of competition, and warned that it was continuing to trade below expectations.
The retailer also matched the previous year's record-worst dividend and declined to offer earnings guidance as it asked investors to back a …
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