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Trial Holdings shares tumble as slowing same-store sales growth offsets third straight month of gains
Shares of Trial Holdings <141A> tumbled as investors reacted to a deceleration in same-store sales growth. Following the release of its March flash report after the market close on the 10th, the company posted a 0.3% year-on-year rise in same-store sales, marking a third consecutive month of gains. However, the market focused on the slowdown from 5.6% in January and 2.1% in February.
Despite a 1.4 percentage-point drag from having one fewer holiday than a year earlier, the "SU-PAY Festival" held from March 20 to 29 boosted foot traffic and supported sales. Trial also recorded its highest-ever monthly app membership registrations, expanding its customer base. Total sales across all stores grew 7.1% year-on-year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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