The Reject Shop: not a reject after all

Wilson Asset Management

Discount retail chain The Reject Shop (ASX: TRS) announced on Wednesday a 43% jump in net profit from continuing operations to $18.3 million, beating consensus forecasts of about $13 million and exceeding analysts' full-year forecasts of about $17 million. The company said the solid financial performance reflects the ongoing improvements to customer offers, product selection, pricing, promotions and improving execution in store. Shares in TRS closed up 36.8% for the week. We own TRS in the investment portfolio.

Wilson Asset Management

Established in 1997 by Geoff Wilson, we are an independently owned investment manager based in Sydney. Today, Wilson Asset Management is comprised of ten investment professionals who offer a combined investment experience of almost 100 years.


retail profit result ASX:TRS


Please sign in to comment on this wire.