Department store giant, Myer, reported a 2.1 per cent increase of $675.5 million in the third quarter compared to the previous year.

Comparable store sales were up 3.4 per cent in the 13 weeks to April 23 and total sales rose 1.9 per cent to $2.47 billion, or 3.3 per cent on a like-for-like basis.

“These results build on our first half performance. We believe they further demonstrate that new Myer is moving in the right direction and that our customers are responding well to the new Myer strategy,” said Richard Umbers, Myer CEO and managing director.

Umbers said the momentum in the execution of New Myer is continuing with the rollout of a significant number of new and wanted brands in conjunction with ‘refurbished brand destinations.’

Myer, said, however, that the unseasonably warm start to winter and the federal election have contributed to subdued sales of winter product and would likely weigh on their fourth quarter sales.

The department store expects NPAT for FY2016 to be between $66 million and $72 million.

Myer also announced the appointment of Michael Scott as its new executive general manager brand and marketing and a change in title for Daniel Bracken who now holds the role of chief merchandise and customer officer as well as deputy CEO.

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