April 7 (Reuters) - Reject Shop Ltd (TRS)
- 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
April 7 (Reuters) - Reject Shop Ltd (TRS) Company expects to...
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$3.11 |
Change
0.010(0.32%) |
Mkt cap ! $116.0M | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.12 | $3.09 | $36.96K | 11.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1098 | $3.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.11 | 619 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| TRS (ASX) Chart |