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Coles Myer sales up 8.8% for 13 weeks ended April 24, 2005
23 May '05
6 min read
sales growth in these brands will be moderated by tighter consumer spending, the anniversary of the federal government's family payment and the industry-wide effect on winter related merchandise sales of the unusually warm weather conditions over an extended period.
fy2005 earnings guidance remains unchanged at npat of $670 - $680 million – an increase of around 16-18% in underlying earnings. this is after expensing the net supply chain implementation costs, the restructuring costs of the organisational change in food and liquor and the repositioning and relaunch of megamart.
coles myer is australia's largest retailer with more than 1,900 stores throughout australia and new zealand. our aim is to be australia's number one retailer in all our brands by delighting our customers, growing our shareholder value and being the best team.
click here to see the table:tomers, growing our shareholder value and being the best team.
tomers, growing our shareholder value and being the best team.
click here to see the table:
fy2005 earnings guidance remains unchanged at npat of $670 - $680 million – an increase of around 16-18% in underlying earnings. this is after expensing the net supply chain implementation costs, the restructuring costs of the organisational change in food and liquor and the repositioning and relaunch of megamart.
coles myer is australia's largest retailer with more than 1,900 stores throughout australia and new zealand. our aim is to be australia's number one retailer in all our brands by delighting our customers, growing our shareholder value and being the best team.
click here to see the table:tomers, growing our shareholder value and being the best team.
tomers, growing our shareholder value and being the best team.
click here to see the table:
Coles Myer
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