Articles On Reject Shop (ASX:TRS)

ShareCafeThe Week that Was – June 14-17, 2022 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so, h...

ShareCafeTrading Tidbits: GUD, TRS A couple of news items from Thursday’s ASX trading session, with GUD Holdings announcing a late profit downgrade and The Reject Shop filling a vacant key management role. ………… Shares in medium cap industri...

ShareCafeEvening Report: 16 June, 2022 by Melissa Darmawan   Australian shares gave back its gains after the relief-rally was overshadowed by concerns of future aggressive interest rate hikes from the Federal Reserve to curtail hot inflatio...

The Reject Shop (TRS) appoints Phillip Bishop as CEO, effective July 11 The company says Mr Bishop joins when it has just executed its initial phases of its turnaround strategy Chairman Steven Fisher said Mr Bishop is the right person to l...

The share market fell for a fifth session as strong jobs data increased pressure for higher interest rates. The S&P/ASX 200 finished 10 points or 0.15 per cent lower after earlier gaining as much as 71 points. The market rolled over...

ShareCafeLunch Report: 16 June, 2022 by Melissa Darmawan   Australian shares have advanced from the two-day slump of this holiday-shortened week led by property and information tech stocks. At noon, the S&P/ASX 200 is 0.5 per cent or 30...

A relief rally powered the share market towards its first rise in five sessions after Wall Street welcomed the biggest US interest rate rise in 28 years. A 71-point opening advance on the S&P/ASX 200 more than halved to 31 points or...

The Reject Shop Ltd (ASX: TRS) share price is soaring today amid a new appointment by the company. The retail company’s shares are currently swapping hands at $3.42, a 20% gain. For perspective, the S&P/ASX 200 Index (ASX: XJO) is r...

16 Jun 2022 - The Reject Shop (ASX:TRS) has appointed Phillip Bishop as its new chief executive officer (CEO) to start in July.

Seven weeks after announcing Andre Reich would be stepping down as CEO, The Reject Shop (ASX: TRS) has appointed Phillip Bishop to advance the company's growth plans from 11 July. Bishop will bring 30 years of retail experience to the role...

US Fed raises cash rate by 75bps Wall Street rises after the decision ASX is set to open higher this morning The US Fed’s decision to hike rates by 75bps overnight has sparked a rally on Wall Street. All three major US stock indices rose...

Fund manager Wilson Asset Management (WAM) has identified two top small-cap ASX shares in one of the portfolios it manages that could be investment ideas. WAM operates several listed investment companies (LICs). Some focus on larger compan...

ShareCafeThe Week that Was – April 25-29, 2022 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so,...

ShareCafeBoardroom Musical Chairs at CBA and TRS Changes at the largest and one of the smaller listed companies yesterday with the mighty Commonwealth Bank getting a new chair and the tiny discount retailer The Reject Shop in the market for...

First up, ladies and gents, inflation has spiked way above what the RBA and everyone else was expecting. The headline consumer prices rose 5.1% over the year – consensus was looking at around 4.6% – which frankly would’ve been bad enough bu...

The share market fell for a third session as the hottest inflation report in more than 20 years increased the odds of a rate rise next week. The S&P/ASX 200 dropped 57 points or 0.78 per cent to its lowest close in almost six weeks....

27 Apr 2022 - The Reject Shop’s (ASX:TRS) chief executive officer (CEO) Andre Reich has stepped down from his role after joining the company just over two years ago.

Shares fell for a third day after the biggest jump in inflation since the introduction of the GST increased pressure on the Reserve Bank to raise rates. The S&P/ASX 200 declined 38 points or 0.52 per cent by mid-session. The fall ext...

The Reject Shop Ltd (ASX: TRS) share price is freefalling on Wednesday following the shock exit of the company’s CEO. At the time of writing, the discount retailer’s shares are changing hands at $4.32, down 15.29%. Reject Shop CEO departs...

After serving in the CEO role at retailer The Reject Shop (ASX: TRS) for just over two years, Andre Reich has today announced his resignation from the top job to pursue other opportunities. Reich, who joined TRS in January 2020, led the co...

On Wednesday, we looked at three ASX shares that brokers have given buy ratings to this week. Unfortunately, not all shares are in favour with brokers right now. Three ASX shares that have just been given sell ratings by brokers are listed...

A private investor pays $35.55 million for a non-metro neighbourhood shopping centre in Queensland The Woolworths-anchored Fernvale Village, located an hour west of Brisbane, drew 14 offers and sold for a 5.1 per cent fully-leased yield Th...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((BLX)) - Beacon Lighting ((CGF)) - Challenger ((CQE)) - Charter Hall Social Infrastructure REIT ((CWY)) - Cleanaway Waste Management ((CDA)) - Codan ((CWN)) - Crown Resor...

ShareCafeEarnings Round-Up: Local Knowledge Last week it was the banks and insurers that dominated the Australian December 31 reporting stream, helping the ASX to a nice gain ahead of the escalation of tensions over Russia and Ukraine. This...

Here’s your guide to ASX reporting season this February 2022. We’ve put together an ASX reporting season calendar, showing when you can expect companies to release their results. Make sure to bookmark this page because we’ll be adding links...

World Overnight SPI Overnight 7328.00 – 38.00 – 0.52% S&P ASX 200 7474.40 + 35.50 0.48% S&P500 4659.03 – 67.32 – 1.42% Nasdaq Comp 14806.81 – 381.58 – 2.51% DJIA 36113.62 – 176.70 – 0.49% S&P500 VIX 20.31 + 2.69 15...

World Overnight SPI Overnight 7352.00 – 3.00 – 0.04% S&P ASX 200 7438.90 + 48.80 0.66% S&P500 4726.35 + 13.28 0.28% Nasdaq Comp 15188.39 + 34.94 0.23% DJIA 36290.32 + 38.30 0.11% S&P500 VIX 17.62 – 0.79 – 4.29% U...

World Overnight SPI Overnight 7356.00 + 63.00 0.86% S&P ASX 200 7390.10 – 57.00 – 0.77% S&P500 4713.07 + 42.78 0.92% Nasdaq Comp 15153.45 + 210.62 1.41% DJIA 36252.02 + 183.15 0.51% S&P500 VIX 18.41 – 0.99 – 5.10%...

We have remodelled The Reject Shop (ASX:TRS) on the basis of the AASB 16 lease accounting standard. There are no material changes to our estimates on a pre-AASB 16 basis.

Australian shares closed at their highest in more than a month as upbeat earning updates cheered investors on both sides of the Pacific.   The market continued to recoup its September losses, rising for the fourth time in five sessions....

The Reject Shop Ltd (ASX: TRS) share price is slipping today after the company’s CEO noted increased shipping costs and delays, caused by the global pandemic, likely won’t abate until the middle of next year. In a speech published to the A...

The share market staged its strongest rally in more than two weeks, supported by strong leads and upbeat updates from retailers and gold miners.    The S&P/ASX 200 climbed 61 points or 0.83 per cent to its highest level since mid-Sep...

The weekend could be a good time to start thinking about ASX shares that may be able to benefit from the reopening play in Australia’s two biggest cities. Some businesses have had their store profit impacted for a number of months. But the...

Yes, the S&P/ASX 200 Index (ASX: XJO) is looking wobbly this month, having dropped 3.6% to Tuesday afternoon. But whether a full-on correction does or doesn’t arrive, it pays to buy ASX shares in quality businesses that mostly have the...

The Best & Less Group Holdings Ltd (ASX: BST) share price has had a cracking past week on the market. In the space of 5 trading days, shares in the clothing retailer have marched 18.9% ahead. This continues the successful trend that B...

Retailing has emerged from an unexpectedly robust FY21 to face lockdowns at the start of the FY22 year. Can optimism prevail? -Rising input costs, supply uncertainty, lockdowns diminish the outlook for retail-Overstocking among retailers no...

A number of ASX shares could be ideas to consider with investing money. Businesses that are good value may be long-term opportunities, particularly if analysts call them out as ideas. Share prices are always changing, so different business...

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

TRS continues to execute on its material cost-out program, although A$5m of FY21 wins will be re-invested in FY22.

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((ART)) - Airtasker ((ASX)) - ASX ((AIA)) - Auckland International Airport ((BLX)) - Beacon Lighting ((CDP)) - Carindale Property Trust ((CDA)) - Codan ((DTL)) - Data#3 ((...

ShareCafeProfit Briefs: BLX, TRS Retailers continue to produce June 30 figures which still show the benefits of the support from federal and state governments, plus the low rates, guarantee of bank lending and bond buying from the Reserve B...

The broader ASX continued its losing streak, shedding another 0.5% while the benchmark ASX 200 closed at 7,465 points, which is 2.2% lower than last Friday’s close. Health and consumer discretionary goods were rays of sunshine with gains of...

Shares in The Reject Shop have soared after the company announced full-year net profit had jumped to $8.1 million — from $1.1m the previous year — despite a sales hit from the pandemic.

The Reject Shop Ltd (ASX: TRS) share price is gaining in morning trade, up 1.8% to $4.95 per share. Below we take a look at the ASX retailer’s results for the 2021 financial year ending 30 June. Reject Shop share price lifts on results Ne...

ShareCafeAustralia… One Hour In… ASX200 down 59 ASX200 down 59 points (0.8%) to 7443.     ASX (+1.2%); FY profit $480.9m vs $498m profit yoy.   Said they are entering FY22 with solid operational momentum. BHP (-5.6%) FMG (-4.2%)  RIO (-3.5...

Wall Street falls as market digests Fed minutes All three main US benchmarks fell overnight, as the market digests the contents of the Federal Open Market Committee (FOMC) meeting in July. The Dow Jones and S&P 500 both fell by 1.07%, a...

Stocks to fall. Iron ore drops. Newcrest books record profit. Treasury Wine raises dividend, Evolution slashes dividend. Origin, S32 losses. Reject Shop boom.

You probably know Charlie Munger. He’s the billionaire business partner of Warren Buffett, and vice Chairman of the company they run, Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B) (I own shares, for the record). Yep, he’s kind of a b...

I like to keep an eye on substantial shareholder notices. This is because these notices give you an idea of which shares large investors, asset managers, and investment funds are buying or selling. Two notices that have caught my eye are s...