Truworths International Limited announced group sales results for the twenty six weeks ended December 31, 2017. Group retail sales for the 26-week period ended December 31, 2017 increased to ZAR 10.3 billion relative to the ZAR 10.2 billion reported for the 26-week period ended 25 December 2016. However, due to the inclusion of a 53rd week in the full 2017 financial period, the 26 weeks of the current period (that is 3 July 2017 to 31 December 2017) do not correspond with the 26 weeks of the prior period (that is 27 June 2016 to 25 December 2016). Compared to the directly corresponding 26-week period of the full 2017 financial period (that is 4 July 2016 to 1 January 2017), retail sales for the current period increased by 1%. Account sales comprised 50% (2016: 50%) of Group retail sales for the current period, with cash sales growing by 1% and account sales remaining unchanged.

The company provided earnings guidance for the twenty six weeks ended December 31, 2017. The Group's diluted headline earnings per share for the current period are expected to decrease by between 3% and 5% to between 372 cents and 380 cents relative to the diluted HEPS of 391.9 cents reported for the prior period. Relative to the comparable prior period's diluted HEPS of 385.3 cents, diluted HEPS are expected to decrease between 1% and 3%.