The Reject Shop Limited reported sales results for the first half ended December, 2013. The company announced that sales for the first half to December 2013 were $385.5 million, an increase of 17.7% over the prior comparative period. Comparable store sales, despite trending positively for most of the half, were flat overall with disappointing sales over the peak weeks leading into Christmas.

The company provides earnings guidance for the first half to December 2013. The company expects to report an underlying EBITDA (pre-opening costs) of between $36.5 million to $37.0 million for the first half, which is an increase of between 5.2% and 6.6% over the prior comparative period (also excluding opening costs and excluding insurance amounts received first half of last year). As a result, net profit after tax for the half will be between $16.6 million and $16.9 million, compared to $20.1 million for the previous corresponding period (which included an insurance recovery of $2.0 million relating to a prior period).

The company provides earnings guidance for the full year of 2013. The company expects full year NPAT, inclusive of opening costs, to be between $17 million and $18 million, compared to $19.5 million for the previous full year (which included an insurance recovery of $2.0 million relating to a prior period).