News: TRS Reject Shop Says Chief Executive Officer Phil Bishop Has Resigned

Feb 1 (Reuters) - Reject Shop Ltd (TRS) :

• PHIL BISHOP CHIEF EXECUTIVE OFFICER HAS RESIGNED
• FIRST HALF SALES ARE EXPECTED TO BE A$439.7 MILLION, UP 3.5%
• A SEARCH FOR A NEW CEO WILL COMMENCE IMMEDIATELY
• FIRST HALF COMPARABLE STORE SALES WERE UP 2.4% ON PCP
• IN INTERIM, CLINTON CAHN, CHIEF FINANCIAL OFFICER ,HAS BEEN APPOINTED AS ACTING CEO
• EBIT (PRE AASB-16) FOR FIRST HALF EXPECTED TO BE IN RANGE OF A$22.5 MILLION AND A$23.5 MILLION