Business
‘Not happy John’: Solly Lew eviscerates Myer’s board and boss – Sydney Morning Herald
It’s game on as Solomon Lew’s anti-Myer campaign awakens from its year-long hibernation and rages into battle again.
The earnings result was always going to be difficult to predict, but to the extent that the market did have expectations, Myer fell well short of them, explaining its precipitous share price fall on Thursday.
Indeed, it raises the question of why Myer did not provide any earnings update when it released a statement in August about the renegotiation of its banking facilities.
Instead, Myer used the release of its full-year results to talk up its digital sales credentials.
King is not just a co…
-
Noosa News13 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
General19 hours agoBoy dies after being trapped between rocks off NSW beach
-
Noosa News20 hours agoFarmer Fred Perry’s 30-year conservation project creates bird haven after years of ‘bashing and burning’
-
Noosa News20 hours agoDetectives continue to search for answers on Crystal Beale’s death