Trent shares plunged nearly 18% following bearish analyst commentary.
Trent reported a 28% year-on-year increase in sales growth for the fourth quarter, a slowdown from the 37% growth seen in the previous quarter.
Goldman Sachs and Morgan Stanley cut their target prices for Trent, citing weaker than expected sales growth and falling short of expectations.
Despite the disappointing sales figures, analysts remain cautiously optimistic about Trent's long-term prospects, citing the company's strong store expansion strategy and potential benefits from recent income tax cuts.