I would go further and say there is next to no chance that this company is missing H1 guidance to the downside. If you look at TRS's behaviour over the past 2 years, they have never reacted to market noise but have always kept the market informed of any downside change to guidance and always met their disclosure obligations. I suspect FY will be like the last half when the market reacts positively to the results because they had been assuming the worst. BTW - I saw last weekends catalogue included a number of $1 items including washing powder. Will be interesting to see how this drives foot traffic and translates into sales of higher margin products.
TRS Price at posting:
$5.61 Sentiment: Buy Disclosure: Held
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