The Reject Shop: FY23 earnings - Shopping for value
About the author:
- Author name:
- By Alexander Mees
- Job title:
- Co-Head of Research and Senior Analyst
- Date posted:
- 25 August 2023, 7:00 AM
- Sectors Covered:
- Gaming and Retail
- The Reject Shop (ASX:TRS) reported a solid FY23 result which was above our forecasts. The company returned to paying dividends with a final dividend of 6.5c and a special of 9.5c.
- We have increased our NPAT forecast for FY24 by 3%.
- We retain a HOLD rating though our target price increases to (login to view).
Find out more
Download full research note
You can find further detailed analysis of company results this reporting season by browsing our reporting season tag, and view a full list of upcoming results on our Reporting Season Calendar.
If you would like more information, please contact your adviser or nearest Morgans office.
Request a call
Find local branch
Disclaimer: The information contained in this report is provided to you by Morgans Financial Limited as general advice only, and is made without consideration of an individual's relevant personal circumstances. Morgans Financial Limited ABN 49 010 669 726, its related bodies corporate, directors and officers, employees, authorised representatives and agents (“Morgans”) do not accept any liability for any loss or damage arising from or in connection with any action taken or not taken on the basis of information contained in this report, or for any errors or omissions contained within. It is recommended that any persons who wish to act upon this report consult with their Morgans investment adviser before doing so.
-
Print this page
-
Copy Link