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1Q16

1Q16

  • Consolidated net revenue grew by 10.6%, totaling R$1,213.8 million in 1Q16.
  • Riachuelo’s same-store sales fell by 3.1% in 1Q16.
  • The consolidated gross product margin came to 51.3% in 1Q16.
  • Operating expenses per store increased by 3.3% in 1Q16.
  • Adjusted EBITDA amounted to R$86.3 million in 1Q16.
  • The adjusted EBITDA margin on net revenue from products came to 10.5% in 1Q16. 
  • Net income came to R$11.1 million in 1Q16.
  • The Riachuelo card loss ratio ended 1Q16 at 8.6%. The loss ratio from personal loan operations closed 1Q16 at 17.1%;
  • The financial cycle improved by 37.4%, from 233 days in 1Q15 to 146 days in 1Q16. 

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