TRENT

Tumbles as Growth Misses the Mar

shares plunged around 9% after its Q1 business update fell short of Street expectations, with standalone revenue rising 19% YoY—below analyst estimates and marking another quarter of sub-20% growth. Brokerages flagged slowing sales momentum, moderation in store expansion, and rich valuations as key concerns, leading several firms to trim target prices while remaining divided on the stock's long-term outlook.