Trent: Record store additions and private label sales to boost earnings

SSSG reflects the sales performance of stores in operations for at least a year, and hence is a good indicator of a company's revenue performance.

The share price of domestic retailer Trent has gained about 14 per cent since the start of the month on expectations that healthy store addition in Westside, improving profitability at Zara and restructuring of the Star Market format will reflect positively on the company’s FY19 performance. Some of the gains from its operations will be reflected in the June quarter numbers itself, with benefits coming both from robust revenue growth due to higher same-store sales growth (SSSG) and margin expansion on the closure of loss-making stores. SSSG reflects the sales performance of stores in operations for at least a year,