The Reject Shop (ASX:TRS) posted a 4.1% on-year rise in total sales for the second half of fiscal 2024 to date, according to a Wednesday filing with the Australian bourse.
Comparable sales were up 3.3% from a year earlier, the filing stated. Customer and unit growth drove the increase, representing a continuation of positive sales momentum from the first half despite a challenging macro and retail environment.
The Australian discount store expects its 2024 earnings before interest and taxes in the range of between AU$4 million and AU$5.5 million, according to the filing.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.