Trent maps path to 5,000 Zudio and 700 Westside stores as Noel Tata signals exit
At its AGM, Trent laid out a long-runway expansion plan: scaling Zudio from 960 to 5,000 stores and Westside from 300 to 700, adding 200-250 Zudios and 50 Westsides annually. Management flagged 2.5x revenue and 3x profit growth since 2023, plus overseas and new-category bets. Noel Tata's eventual retirement was also disclosed.
At Trent's AGM, management outlined plans to scale Zudio to 5,000 stores and Westside to 700, while flagging Noel Tata's eventual retirement. Trent has delivered 2.5x revenue growth since 2023 and eyes overseas expansion plus new categories.
Why this matters
AGM disclosures align with MOFSL's Rs 3,500 target call backing the same Zudio-5,000 and Westside-700 trajectory, reinforcing recent re-rating thesis and Nifty50 leadership.
Retail-company signals steady at 3,635 over the last 90 days.