MYER

Happy Wear it Purple Day! 💜 Wear it Purple strives to foster empowering and inclusive environments for rainbow young people. This year's theme, YOUR PASSION, YOUR PRIDE, encourages LGBTQIA+ youth to dream big and share their passion and pride. In celebration of rainbow youth within our Myer family and beyond, we asked our Team Members to unite and wear it purple. We stand with the LGBTQIA+ community and strive to create a supportive and safe environment for all. To learn more about this year's theme, click here > https://bit.ly/3SkOSPe

Last week we celebrated our 17th annual Myer Precious Metal Gala, and we’re overjoyed to share that this year’s Gala raised over $1.3 million! 🎉 Thanks to the incredible generosity of everyone involved, these funds will directly benefit the Alannah & Madeline Foundation and our Myer Community Fund charity partners. We’re beyond grateful for all the support, from those who attended the Gala to the many generous donors and our incredible volunteers. You made it a night to remember! Want to learn more or donate? Click here > https://bit.ly/3yNmkaB

THANK YOU! Your generous donations during our July Register Round Up Campaign totalled a whopping $63,000. That $63,000 goes to supporting children and young people in foster care with guidance and support from trained volunteer mentors, known as ‘Pyjama Angels’, who nurture learning, confidence, and life skills with the goal of helping them reach their full potential. To learn more about The Pyjama Foundation > https://bit.ly/4dwEXya

It's National Pyjama Day! ☁️ Myer is getting cosy for a cause, partnering with The Pyjama Foundation to support little kids with big dreams. Our team members have hopped into their PJs to raise money for children in care, but we're not stopping there! Here's how we're contributing: - Donating $1 from every sleepwear item sold today - Donating $5 from every Pyjama Foundation x Myer PJ Set sold - Additional fundraising efforts in our Support Office - Register round up campaign All proceeds will support The Love of Learning program and the 'Pyjama Angels' volunteers who give foster children a chance to reach their full potential. These amazing volunteers provide learning skills and educational resources that can change lives. Thank you to our team members for joining in on the fun and embracing the spirit of the day. We’re especially grateful to Brigit and Ivy from The Pyjama Foundation for visiting us in our Support Office and all that their organisation does to help children in need. Join us in making a difference! Shop, sleep, and support little dreamers. Together, we can provide children in care with the learning, life skills, and confidence they need to thrive.

We were so pleased to have Matty Mills, presenter and Proud Indigenous & LGBTIQA+ Advocate visit us in Myer Support Office as part of NAIDOC Week. This year's theme 'Keep The Fire Burning! Blak, Loud and Proud', celebrates Indigenous identities, and the community's spirit, strength and resilience. It invites us to listen, learn, engage and amplify the voices of First Nations people. Thank you Matty for joining us, and sharing your experience fighting for continual growth and change to ensure First Nations people are positively represented. To learn more about NAIDOC Week > https://bit.ly/2IBqGS8

Thank you First Responders. First Responders Day is a way to give back to members of the community, who selflessly dedicate their time and lives to protect and save others during a time of crisis. We're proud to be part of this great initiative and today are offering an additional 10% off a fantastic range of items to all First Responders who visit Myer in-store. Find out more: https://lnkd.in/dCsxStxu #FirstRespondersDay

We're honoured to have been recognised at this year's International Loyalty Awards!   MYER one is an integral part of the Company’s performance to date - driving more than 76% of our sales - and we are delighted that the Program has been recognised on a global scale being named: Best Long-Term Loyalty Program globally, for the Best Use of Customer Data/Analytics, and as International Loyalty Program of the Year (for the APAC region).   We were truly humbled to be included amongst some of the best loyalty programs in the world and congratulate all winners and finalists.   We also congratulate Rob Pope, Myer’s GM Customer, who was recognised at the event as one of the top 30 global leaders in loyalty under 40.   This is in addition to recent wins including Power Retail’s ‘Best Email Marketing’ Award and at the recent APAC Loyalty Award’s for ‘Best Use of AI in Loyalty’.

Today on National Domestic Violence Remembrance Day, we stand together with Safe Steps to support their Candlelight Vigil by lighting our Myer Melbourne store in purple, the colour of domestic violence. We do this to honour and remember those who have been killed by domestic and family violence and to help bring light to this national crisis. To learn more about the event, go to https://bit.ly/4dkOwRM #LightACandle2024 #MyerCommunityFund

Fresh off our win last year, where we won three awards including International Loyalty Program of the Year (ANZ), Myer has made the finals in four categories in this year’s International Loyalty Awards! 🎉 To be considered on a global stage amongst our fellow nominees is a huge testament to the great work our team are delivering, each and every day, to unlock more value from MYER one and drive deeper engagement with our customers. MYER one is also eligible for this year’s 'International Loyalty Program of the Year 2024 (as voted by the Public) Award, so show your love for the program by voting for us here > https://bit.ly/3uOWEbO The winners will be announced on April 24.

Myer has announced its Half Year 2024 results with Myer CEO and Managing Director, John King, saying: “The Customer First Plan continues to deliver for Myer despite the macro economic conditions. We were able to achieve a strong comparable sales outcome, cycling our best ever 1st half sales on record in FY2023 and saw improvements in our market share across both stores and online.”   1H24 RESULTS (post-AASB 16) for the 26 weeks to 27 January 2024, compared to 1H23 (26 weeks to 28 January 2023):    - Group comparable sales growth of 0.1% achieved despite challenging macro trading conditions compared to the prior corresponding period (pcp) when a record sales performance was achieved. - Group online sales were $390.1 million or 21.3% of total sales, an increase of 2.0% vs pcp. - Operating gross profit (OGP) reduced 2.7% to $665.1 million; margin rate increased by 11 basis points (bps) to 36.4%. Excluding a reclassification adjustment of delivery income*, underlying margin rate declined 20bps reflecting mix changes and promotional cadence. - Cost of Doing Business* (CODB) was $449.4 million, an increase of $6.9 million, but was broadly flat if the delivery income reclassification was excluded, reflecting the focus on mitigating cost increases, including the favourable impact on CODB of the store closures. - Net Profit after tax* (NPAT) of $52.0 million. - Statutory NPAT of $50.5 million includes Implementation Costs and Individually Significant Items of $1.5 million from taxation adjustments related to prior periods, and certain Software as a Service (SaaS) implementation costs that cannot be capitalised. - Net cashflow of $93.2 million was $10.7 million favourable to pcp, with net cash at period end of $211.7 million. Inventory was well controlled, down $10.5 million on pcp.    They Myer Board also announced today the appointment of independent Non-Executive Director, Olivia Wirth, as Executive Chair to drive the company’s next phase of growth.    The Board also appointed current independent Non-Executive Director, Dr Gary Weiss AM, as Deputy Chair and Lead Independent Director, a new role created to enhance governance.    Myer’s Executive General Manager Stores, Tony Sutton, has also been promoted to the new executive position of Chief Operating Officer, reporting to Ms Wirth. With more than 30 years at Myer, Mr Sutton is an experienced retail executive, including more than more than a decade on the Executive Management Group (EMG). To read the ASX release on the 1H24 results, click here. https://bit.ly/3VcR9OM To read the ASX on the Board and management changes, click here. https://bit.ly/3Vetnll *Refer to the footnotes in the ASX release for further information on these items.