The Reject Shop Limited provided sales guidance for the first half of 2018 and Full Year 2018. The Reject Shop announced that assuming a return to positive comparable sales of circa 1% during the first half of fiscal year 2019, the company would aim to report a first half of fiscal year 2019, NPAT consistent with last year of $17.7 million. Whilst it is difficult to forecast consumer behavior in the current environment, unless the company achieve improvement to its recent comparable sales trajectory, the company expects to report a reduced first half NPAT in the range $10.0 million to $11.0 million.

Comparable sales for the last 8 weeks have fallen to negative 3.9%, with YTD comparable sales performance now negative 2.4% over the first 15 trading weeks.