You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:
Business Description: The Reject Shop Limited (TRS) is a discount variety retailer of general merchandise products. The discount variety retailer has around 218 stores in its total network focusing on low price points, convenient store locations and offering a wide variety of merchandise. Stores are spread across the whole of Australia.
Strategy Analysis: TRS is in a period of rapid expansion to grab suitable sites in immature markets and build a relevant retail presence which it can then defend through the leverage of scale and brand recognition. Distribution efficiency is a key focus with management investing funds and time to fine tune and so develop the channel to meet longer term demand trends.
The Reject Shop reported NPAT down 30.8% to $16.17m for the year ended 30 June 2011. Revenues from ordinary activities were $505.06m, up 7.3% from last year. Diluted EPS was 61.5 cents compared to 89.1 cents last year. Net operating cash flow was $17.93m compared to $32.4m last year. The final dividend declared was 8 cents, taking the full year dividend to 31 cents compared with 67 cents last year.
The Age 26/05/2012 | I WAS reading some old Marcus Today newsletters. From 2003. Let me take you back and allow you to exercise the power of hindsight:
The Age 25/05/2012 | RADIO People are six times more likely to go to an advertiser's website if they have heard the ad on radio, according to research by Colmar Brunton, released by Commercial Radio Australia. The research showed that radio advertising has an immediate effect on people's digital activity, with more than three-quarters of those exposed to advertising visiting a website or Facebook page or searching for the brand online within 24 hours. Commercial Radio Australia chief executive Joan Warner said the ...
Already a member? 
$ 10.150
