BUZZ-Australia's Reject Shop surges on higher half-year profit

Reuters

2025/02/20

** Shares of Reject Shop TRS.AX soar 16.9% to A$3.425, highest since August 19, 2024

** Retailer reports a 10% rise in its HY net profit after tax

** Co reports a 3% increase in HY sales

** Stock rose as much as 19.5% earlier in the day, its biggest intraday gain since June 16, 2022

** Stock up for the third consecutive session

** TRS up 21.9% YTD

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com;))

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