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Reject Shop Ltd (TRS.AX)

TRS.AX on Australia Stock Exchange

3.91AUD
12:16am EDT
Change (% chg)

$0.01 (+0.26%)
Prev Close
$3.90
Open
$3.92
Day's High
$3.95
Day's Low
$3.90
Volume
40,096
Avg. Vol
155,098
52-wk High
$10.98
52-wk Low
$3.25

Latest Key Developments (Source: Significant Developments)

Reject Shop full-year profit drops 27.8%
Tuesday, 22 Aug 2017 06:24pm EDT 

Aug 23 (Reuters) - Reject Shop Ltd :FY2017 sales up 1.2% to $794.0mln.FY2017 comparable store sales down 1.6% on prior year.FY NPAT of $12.3 million, a decrease of 27.8%.Expects to report an npat in range of $16 million-$17 million in first half of FY2018.  Full Article

Reject Shop says expects to report net operating loss in 2HY of at least $5 million
Thursday, 6 Apr 2017 06:49pm EDT 

Reject Shop Ltd : Company expects to report a net operating loss in second half of year of at least $5 million . Challenging retail trading conditions continued, with all states experiencing negative comparable store growth in q3 . Given fall in projected earnings per share, and working capital requirements, company is unlikely to declare a final dividend. . Company is unlikely to declare a final dividend . Despite below expectation sales performance, company has been actively managing its inventory position through half. . Underlying customer numbers continue to be below same time as last year, resulting in negative underlying comparable sales of about 4% for half year to date . Sees full year net profit about $12.5 million .Promotional activity has not generated incremental foot traffic required to grow comparable sales.  Full Article

BRIEF-Reject Shop full-year profit drops 27.8%

* Expects to report an npat in range of $16 million-$17 million in first half of FY2018 Source text for Eikon: Further company coverage: