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1Q10

1Q10

  • Net Profit grows 182.9% to R$52.3 million;
  • Consolidated net revenue grows 18.7% to R$466.0 million;
  • Riachuelo same-store sales increase 12.1% from same quarter a year ago and 12.3% from 1Q08 (two-year period);
  • Consolidated gross product margin up 2.2 p.p. to 53.1%;
  • EBITDA of R$98.4 million, increasing 88.5% from 1Q09;
  • EBITDA margin (ratio of product sales) of 25.7% in 1Q10, up 9.7 p.p.;
  • Riachuelo card loss ratio resumes a downward path, falling to 5.9% at end March

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