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Toys ‘R’ Us ANZ Reports Reduced Losses Amid Revenue Decline

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Toys ‘R’ Us ANZ Reports Reduced Losses Amid Revenue Decline

Toys ‘R’ Us Anz Limited ( (AU:TOY) ) has shared an update.

Toys ‘R’ Us ANZ Limited reported a significant reduction in losses for the half-year ended January 31, 2025, with a net loss of $713,000 compared to $9,547,000 in the previous period. Despite a 49% drop in revenue from continuing operations, the dissolution of UK TRU Limited and improved financial performance from discontinued operations contributed to the overall reduction in losses, indicating a potential shift in the company’s operational strategy and financial health.

More about Toys ‘R’ Us Anz Limited

Toys ‘R’ Us ANZ Limited operates in the retail industry, focusing on the sale of toys and related products. The company serves the Australian and New Zealand markets, providing a wide range of children’s toys and entertainment products.

YTD Price Performance: -38.98%

Average Trading Volume: 104,138

Technical Sentiment Signal: Buy

Current Market Cap: A$5.45M

For a thorough assessment of TOY stock, go to TipRanks’ Stock Analysis page.

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