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Lojas Renner registers 15.1% profit growth for 3Q15

Lojas Renner registra crescimento de 15,1% no lucro líquido do terceiro trimestre de 2015

Intel ID : 230739
Synopsis

Brazil-based Lojas Renner, a fashion retail chain, registered a 15.1% growth in its net profit in 3Q15, while projections pointed to at 11.4% growth, as published by Valor on 23 October 2015, citing its director of finances and investors relations, Laurence Beltrão.

The net income increased by 18% to BRL 1.42bn.

These results, according to the company, were caused by a good acceptance of new collections, strong sales on Father's Day and management efficiency gains.

Beltrão also added that the flow of high-income consumers increased this quarter, a fact that also contributed to the positive results.
(content in portuguese)

A brasileira Lojas Renner, varejista de moda, apresentou crescimento de 15,1% no lucro líquido do terceiro trimestre de 2015, quando as projeções apontavam uma alta de 11,4%, segundo publicou o Valor Econômico no dia 23 de outubro de 2015, citando ao Diretor Financeiro e de Relações com Investidores, Laurence Beltrão.

A receita líquida operacional aumentou 18%, para BRL 1,42bi. O resultado, segundo a companhia, foi impulsionado por uma boa aceitação das coleções, vendas fortes no Dia dos Pais e por ganhos de eficiência na gestão.

De acordo com o Executivo, o fluxo de consumidores de renda mais alta aumentou no trimestre, fato que também contribuiu para os resultados positivos.

Target


Intel ID 230739
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Lojas Renner
(31 Dec 2024)
Revenue: -
EBITDA: -
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Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Primary Sector (TTRSC)
15.05.03 Clothing, Apparel & Accessories Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

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potential Potential: Unconfirmed as a party to an active or possible transaction.

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