Economic TimesLean R·
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. Trent's retail portfolio now includes 1,312 stores, with Zudio being the largest network. Previous financial results showed a 26% net profit rise for the March quarter. The company's stock has seen gains over six months but is down year-on-year.
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