20 May 2020
The Weekly

Categories: Department Stores

Brazil

Lojas Renner, posted 6.1% revenue decline to R$ 1,550.2mn in first quarter (Q1) FY20 compared to revenue of R$ 1,650.3mn in same period prior year. Company reported 93.6% fall in its net income to R$ 10.4mn (Q1 FY9: R$ 161.6mn). Gross profit was R$ 858.9mn (R$ 911.9mn). The Company reported that until March 13, sales proceeded at a good pace with increased customer flows through the stores. Lojas Renner reported that the digital channels reported important growth with an increase of 32.9% compared to Q1 FY19.

You are currently offline. Some pages or content may fail to load.

We have cached all the pages you navigated to, including the Homepage, Contact page and Events. You can visit those while offline.