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1Q09

1Q09

  • Consolidated Net Revenue growth of 12.4% in 1Q09, reaching R$ 544.3 million;
  • Net Revenue grows 3.2%;
  • Same-store sales increase 0.2%;
  • Consolidated Gross Margin expands 9.6 p.p. to 56.5%;
  • Riachuelo Card loss ratio falls to 8.6%, narrowing 0.6 p.p. from a year earlier;
  • EBITDA totals R$52.2, 7.0% higher than in 1Q08;
  • Net Profit after tax credits rises 61.0% to R$18.5 million.

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