Shoprite Holdings Limited provided earnings guidance for six months ended December 30, 2018. For the period, the company expects basic EPS in the range of 421.6 cents to 369.5 cents (Including the hyperinflation adjustment). Excluding the hyperinflation adjustment, the company expects basic EPS in the range of 369.9 cents to 317.8 cents. The company expects that a reasonable degree of certainty exists that the financial results for this period is likely to vary by at least 20% from the corresponding period. The low turnover growth resulting from low food inflation, temporary stock availability challenges and currency devaluations combined with lower Non-RSA gross margins and inflexible expense growths have adversely affected profitability.