News: TRS Reject Shop Says Currently Reviewing Capital Management Strategy

Feb 23 (Reuters) - Reject Shop Ltd (TRS) :

• CURRENTLY REVIEWING ITS CAPITAL MANAGEMENT STRATEGY
• IF TRADING IN SECOND HALF IN LINE WITH EXPECTATIONS, CO INTENDS TO RESUME PAYING DIVIDENDS (POTENTIALLY INCLUDE A SPECIAL DIVIDEND)
• COMPARABLE STORE SALES GROWTH DURING FIRST SEVEN WEEKS OF SECOND HALF IS UP 9.4% ON PCP
• FOCUSED ON GENERATING COMPARABLE STORE SALES GROWTH IN SECOND HALF AND INTO FY24
• BENEFIT OF LOWER INTERNATIONAL SHIPPING RATES SEEN TO FLOW-THROUGH TO GROSS PROFIT MARGIN IN 4Q23 AND MORE MATERIALLY IN FY24