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Trent slides 12% as Q1 growth fails to impress
Trent shares experienced a significant single-day decline on Tuesday. This drop followed first-quarter financial results that did not meet market expectations. Revenue growth was largely driven by recently opened stores in smaller towns. These new locations show lower revenue per square foot compared to metros. Analysts remain optimistic about Trent's long-term growth prospects.
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economictimes.indiatimes.com
Trent Q1 Update: Standalone revenue rises 19%, driven by Zudio expansion
Trent reported 19% year-on-year standalone revenue growth to Rs 5,666 crore in Q1FY27, driven by rapid Zudio expansion. The retailer ended June with 1,312 stores, including 982…
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Trent shares crash 10% after Q1 update comes below estimates; revenue rises 19%
Trent share price plunged 10% after reporting a 19% revenue increase for the June quarter. The company's fashion retail business and store expansion supported this revenue growth.…
