Business
Why the Reject Shop (ASX:TRS) share price is getting hammered – The Motley Fool Australia
The Reject Shop Ltd (ASX:TRS) share price is being smashed on Friday and is down 15% in early trade. Here’s why…
The Reject Shop Ltd(ASX: TRS) share price has come under significant pressure today following the release of a trading update.
At the time of writing, the discount retailers shares are down 15% to $5.37.
What did Reject Shop announce?
Reject Shop began by reminding the market that in February it warned that its sales were being impacted in the second half due to the Brisbane, Perth and Victoria lockdowns, COVID-19 concerns in New South Wales, and changing State border restrictions.
It also noted…
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