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The New Daily

Business

Matthew Elmas

Myer sales near two-decade high after department store posts strong Christmas

Myer John King ABS ASX

Myer has reported a strong Christmas trade, with sales increasing sharply on the back of high inflation and a strong shopper turnout. Photo: AAP

Myer has become the latest major retailer to report a bumper Christmas trade, revealing its strongest sales figures in nearly two decades.

The department store chain revealed revenue had risen 24.8 per cent in the six months to the end of 2022 in a statement to the ASX on Tuesday.

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