The Reject Shop Limited (ASX: TRS) has reported a positive momentum in comparable sales performances for the first fifteen weeks of FY 2020 (+0.3%). The selection process for a new CEO is progressing, and an announcement is expected soon.
Comparable sales were -2.5% in the second half of FY 2019.
- The retailer is focusing on leading branded products, great daily essentials & household general merchandise.
- Customers are responding positively to the changes adopted by the company.
By 12:58 PM AEST, TRS was trading at $2.13, down by 2.74% relative to the prior close.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.