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3Q05

3Q05

  • Consolidated gross revenue increased 27.3%, reaching R$522.0 million in 3Q05.
  • Riachuelo’s gross revenue per m²reached R$2.6 thousand, up 38.5% over the R$2.0 thousand reported in 3Q04.
  • Sales to Riachuelo represented approximately 50.0% of the Parent Company’s total sales in the quarter versus 31.8% in 3Q04.
  • Consolidated gross margin grew by 40 b.p. totaling 43.2% 9 Financial service revenue was grew 92.6% over the same quarter of the previous year, totaling R$37.8 million.
  • Adjusted EBITDA¹ totaled R$ 61.5 million, up by 55.8% over the same quarter of last year.
  • An increase of 1,293 thousand new private label cards in the first nine months of the year, a growth of 99% over the previous year, reaching 10.1 million private label cards issued.
  • Adjusted net income totaled R$50.4 million, or R$0.8069 per share, up by 46.3% over the same period of 2004. 

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