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Myer to hold AGM

 

myer david jonesRetailer Myer is likely to face shareholder frustration on Friday after a flat sales performance in the first couple of months of its financial year.

The company’s annual general meeting will be held in Melbourne, and follows a quarterly update earlier this month showing sales edged 0.1 per cent higher in the 12 weeks to October 25.

Myer has forecast an improved sales performance in 2014/15 after completing several store refurbishments.

Fellow retailers Billabong and Kathmandu are also holding annual general meetings on Friday.

AAP

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