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Reject Shop earnings for the full year 2024: EPS misses expectations


Reject Shop earnings for the full year 2024: EPS misses expectations

Reject Shop (ASX:TRS) Full Year 2024 Results

Key financial results

  • Revenue: AU$855.2 million (up 4.4% from FY2023).

  • Net income: AU$4.71 million (54% lower than FY2023).

  • Profit margin: 0.6% (compared to 1.3% in fiscal 2023). The decrease in margin is due to higher expenses.

  • EPS: AU$0.12 (compared to AU$0.27 in FY 2023).

Profit and sales growthProfit and sales growth

Profit and sales growth

All figures shown in the graph above refer to the last 12 months (TTM)

Reject Shop EPS misses expectations

Sales were in line with analysts’ estimates. Earnings per share (EPS) missed analysts’ estimates by 18%.

Average sales growth of 4.2% per annum is expected for the next three years. In contrast, Australian multiline retail is forecast to grow by 4.2%.

Performance of Australian multiline retail industry.

The company’s share price fell 12% compared to the previous week.

Risk analysis

However, it is worth noting that we have found 3 warning signs for Reject Shop that you need to take into account.

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This Simply Wall St article is of a general nature. We comment solely on the basis of historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.

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