Agree with gloomy sentiments here. So many factors that TRS need...

Agree with gloomy sentiments here. So many factors that TRS need to ride out in the short term so that they can get back on track;

- Weak economy

- Big W closing stores and selling off stock cheap recently

- Weak AUD squeezing their value proposition (although TRS do hedge unlike some of their competition)

- CEO departure (and search for replacement)

On the plus side, these factors should be factored into the latest profit downgrade and expectations. Key is TRS adapting to current environment in comparison to competitors, so that it can thrive when conditions hopefully improve.

As TRS trade on such thin margins it wont take much of a sales increase / cost decrease to post a reasonable profit. Hopefully Allensford will have a positive influence in that regard.

This share has a recent history of overreacting to short term results due to the thin margins and heavy scew to the Christmas trading period. Fingers crossed that management can get things back on track and post some more steady results.