Three retail stocks – HVN, KMD, MYR

May 04, 2019 09:30 AM AEST | By Team Kalkine Media
 Three retail stocks – HVN, KMD, MYR

Harvey Norman Holdings Limited

Harvey Norman Holdings Limited (ASX:HVN) grants franchises to independent franchisees which commercialise wide-ranging products like furniture, electrical goods, computers and communications, bedding, kitchen appliances, small appliances, bathroom tiles, carpets and flooring. Besides, it is also engaged in the property investment, media placement and consumer finance. With a market valuation of ~ AUD 4.8 billion, the HVN stock price settled the trading at AUD 4.080, up 0.246% on 3 May 2019.

Recently, John Craven was appointed as an independent non-executive director, to the Group’s Board, effective from March 27th, 2019.

For the half-year ended December 31st, 2018, the group posted total aggregated company-operated and franchisee sales revenue of $ 4 billion (up 1.6% on pcp) and a profit before tax of $ 315.68 million (up 7.55 on pcp). The net assets were valued at $ 3.15 billion with a net to debt equity ratio of 22.35%.

An ordinary fully paid dividend of AUD 0.120, announced on February 28th, 2019, was paid out to the shareholders. The Group also has an annual dividend yield of 7.37%.

Kathmandu Holdings Limited

Kathmandu Holdings Limited (ASX:KMD), based in Christchurch, New Zealand, along with its subsidiaries, designs, markets, and retails travel & adventure clothing and equipment in New Zealand, the United Kingdom, Australia and the United States. The Group has a market valuation of ~ AUD 486.31 million with ~ 81.41k shares traded. On 3 May 2019, the KMD stock price settled the day’s trading at AUD 2.150. Besides, Kathmandu Holdings annual dividend yield is around 6.33%.

The Group reported a 13.3% rise in the sales to NZD 232 million according to the half -year results posted for the period ended January 31st, 2019. The gross profit also improved by 9.4% to NZD 141.9 million. Besides, the reported EBIT stood at NZD 20.9 million and the normalised EBIT increased by 10.0% to NZD 19.8 million. The normalised net profit after tax (NPAT) recorded a 7.3% increase to ~ NZD 13.2 million. Going forward, the Group aims at transitioning into a brand-led global multi-channel business.

Myer Holdings Limited

Myer Holdings Limited (ASX:MYR), based in Docklands, Australia, operates department stores in that commercialise women and men’s clothing, children’s wear, beauty, fragrance, and cosmetics, homewares, electrical goods, toys, general merchandise and other products. Myer’s has a market cap of ~ AUD 566.68 million with ~ 821.28 million outstanding shares. The MYR stock price closed the trading at AUD 0.690 with ~0.97 million shares traded on 3 May 2019.

Recently, the company’s Director Julie Ann Morrison acquired an additional 20,000 fully paid ordinary shares (indirect interest) at a value consideration of $ 14,000 on market trade.

According to Myer Holdings’ half-year report for the 26 weeks ended January 26th, 2019, the total sales from ordinary activities amounted to around AUD 1.67 billion (down 2.8% on pcp). The profit attributable to members of the company increased to AUD 38.4 million. The NPAT was around AUD 41.28 million.


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