What was Trent's revenue growth in Q3?

Trent's revenue growth in the third quarter came in at a multi-quarter low.

Why did the fashion segment see negative growth?

Negative like-for-like growth in the fashion segment was partly due to a shift in the festive calendar, which distorted underlying demand trends.

What is the outlook for Trent's stock?

Analysts prefer to remain on the sidelines until there is clearer evidence of sustained growth traction, despite a sharp correction in the share price.

Home / Business and Economy / Trent's Growth Slows: Investors Watch for Recovery

Trent's Growth Slows: Investors Watch for Recovery

5 Feb

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Summary

Q3 revenue growth hit a multi-quarter low, impacting overall performance.
Festive calendar shifts distorted fashion segment demand trends.
Analysts remain on the sidelines, awaiting clearer growth evidence.

Trent's Growth Slows: Investors Watch for Recovery

In the third quarter, Trent reported its lowest revenue growth in several quarters, a trend signaled by its pre-quarter release. Despite revenue pressures, the company achieved better-than-expected EBITDA performance, largely due to strong margins.

The fashion segment saw negative like-for-like growth, which was partially influenced by a shift in the festive calendar. This calendar effect, also noted among other apparel retailers, made it challenging to accurately gauge the true pace of demand recovery.