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4Q08

4Q08

  • Riachuelo net revenue growth of 3.4% in 4Q08 and 10.2% in 2008;
  • Same-store sales growth of 4.9% in 2008 and -1.0% in 4Q08;
  • Consolidated Gross Margin expansion of 6.9 p.p. to 55.8% in 4Q08 and 50.9% in 2008;
  • Riachuelo Card loss ratio falls to 9.1%, narrowing 1.9 p.p. from a year earlier;
  • EBITDA of R$109.7 million in the quarter and R$311.9 million in the fiscal year;
  • Net Income after tax credits of R$55.2 million in 4Q08 and R$136.9 million in 2008. 

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