Trent500251Retail
Trent beat estimates with 23% growth versus 18-20% expected, reaching multi-quarter high, stock up 11%
- Reported growth
- 23 percent
- Street estimate growth
- 18 to 20 percent
- New Zudio stores
- 17 Zudio stores
- Valuation
- 58 times FY28 earnings
- Stock move today
- 11 percent
Heard on business television between 13:05:00 - 13:08:00 IST.
- Trent reported 23% growth against street estimate of 18-20%, a multi-quarter high.
- Company continued store expansion with new Westside and 17 Zudio stores opened.
- Street will watch margins in Q3 festive quarter as revenue growth may partly reflect price hikes from raw material costs.
- Other verticals like Star and Utsav businesses also being tracked.
- Stock still 15-17% away from 52-week high, trading at 58x FY28 earnings versus peak of 70x+, up 11% today.
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Source: Live TV News Channel · 6 Oct 2026
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