Myer says its first-quarter sales have risen by one per cent with sentiment improving slightly thanks to interest rate cuts.
The department store's sales in the thirteen weeks to October 27 totalled $688 million, up one per cent from the previous corresponding period.
On a comparable stores basis, sales were up 0.8 per cent on the previous period.
Chief executive Bernie Brookes said the trading environment during the first quarter continued to be difficult, but there was a modest improvement in consumer sentiment.
"While we welcomed the October interest rate cut, there are a myriad of factors currently in the mix and influencing discretionary spend, so we continue to be cautious about the trading environment," he said in a statement on Thursday.