The Reject Shop (ASX:TRS) performance improves since the end of FY2019

Company News

by Rachael Jones

The Reject Shop (ASX:TRS) reports seeing a positive shift of comparable sales performance with improving momentum in the first 15 weeks of FY2020 up 0.3 per cent.

Comparable store sales have improved from a drop of 2.5 per cent for the second half of FY2019.

Meanwhile, the selection process for the new CEO is well advanced, with a decision set to be made in the next 6 to 8 weeks.

Shares in the Reject Shop (ASX:TRS) last traded at $2.19.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.