the profit is declining because same-store sales are on the blink , but ironically, same store sales are not declining because of second half blues.
so if you think $8 is realistic, that means you are banking on a 120% upside on a sinking ship.
ps- selling essentials were OK when they had the initial facebook crowd promotions going gangbusters, but that is now history.
what TRS must now do is to try and copy the Daiso, Dollar Dazzlers formula-a copious offering of variety, regardless of quality, is the only way to make up lost interest in their 'essentials' range.
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