Macquarie maintains its 'outperform' rating on Trent, despite investor concerns after its first-quarter results. Worries like sustainability of the employee cost moderation that drove most of the margin expansion and the outlook on same-store-sales momentum growth had surfaced. Trent is highlighted as an Asia Marquee 'Buy' idea and is included in the India Super 6s list, as Macquarie is confident in the company's ability to diversify growth, leverage its supply chain and design capabilities.India's Volatile Market: HSBC Picks Five Stocks To Watch — Trent, SBI, Infosys, And Two More; Check Full ListGrowth And Expansion OutlookThe brokerage sees the recent reduction in employee costs as a structural improvement, driven by the adoption of Radio-Frequency Identification technology. This has boosted store employee productivity, enabling a more staff count in both existing and new stores, according to the brokerage. Macquarie notes that this benefit will continue to contribute to the financial year 2026 performance as well.Macquarie notes that Trent is well-positioned for sustained growth. The brokerage believes the increased prominence of Trent's Zudio format means its impact on gross margins is no longer a concern. Further, the company is expected to achieve moderate operating leverage gains, which should fuel margin expansion.Looking at the growth outlook, Macquarie notes that Trent is expanding into new cities and balancing this with store splits in existing ones. This approach is aimed at sustaining the company's 20-25% sales CAGR over the medium term.Take On Burnt ToastThe brokerage also addresses the new youth-focused brand, "Burnt Toast," with a pilot store in Bengaluru. Macquarie clarifies that this is an experimental format targeting the early-teens to late-twenties age group. While noting that its contribution to growth is "some time away," the brokerage sees it as a positive sign of Trent's efforts to explore new growth avenues.Stock Picks Today: HDB Financial Services, Tata Motors, SBI, L&T Tech, Trent, Voltas On Brokerages' Radar. Read more on Earnings by NDTV Profit.