Myer Holdings' (ASX:MYR) Soft Earnings Are Actually Better Than They Appear

By Yahoo! Finance | Sep 30, 2024 at 09:02 PM EST

Shareholders were unfazed by Myer Holdings Limited's recent earnings report. Analysis revealed a strong accrual ratio, indicating better free cash flow than reported profits. This suggests promising underlying earnings potential, despite initial appearances. Further research is recommended to fully understand the company's situation.

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