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3Q08

3Q08

  • Riachuelo’s net revenue moves up 12.1% in the 3Q08 and 14.0% in the 9M08;
  • Same-store sales grow by 8.2% in the 3Q08 and 8.5% in the 9M08;
  • Consolidated Gross Margin widens by 3.1 p.p., reaching 49.9% in the 3Q08 and 46.9% in the 9M08;
  • Riachuelo Card loss ratio falls to 10.6%, down 2.2 p.p. YoY;
  • EBITDA reaches R$ 60.5 million in the quarter and R$ 202.3 million in the 9M08;
  • Net income after tax benefits totals R$ 24.5 million in the 3Q08 and R$ 81.7 million in the 9M08. 

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