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2Q09

2Q09

  • Consolidated Net Revenue grows by 11.3% in 1H09 to R$ 919.6 million, and by 10.2% in 2Q09;
  • Riachuelo Net Revenue up 3.3% in 1H09 and 3.4% in 2Q09;
  • Same-store sales increase 0.3% in 1H09 and 0.3% in 2Q09;
  • Consolidated Gross Margin from Goods expands 2.2 p.p. to 50.4% in 1H09 (50.1% in 2Q09);
  • Operating Expenses per m² decrease by 7.5% in 1H09 and by 7.3% in 2Q09;
  • EBITDA grows to R$ 102.9 million in the quarter, up 10.2% on 2Q08, and reaches R$ 155.1 million in 1H09;
  • Net Income after tax credits increases 6.7% totaling R$ 61.0 million in the first six months of 2009;
  • Riachuelo private-label card base grows to 15 million units.
     

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