Results Center

1Q20

1Q20

1Q20 Highlights:

 

  • Consolidated Net Revenue increased 0.1% in 1Q20 YoY, totaling R$1,624.8 million in the quarter; 
     
  • Same-Store Sales were up 12.1% in January, 12.8% in February and were down 38.4% in Marchfor a total decrease of 5.2% in 1Q20. Total Net Revenue from Products decreased 3.6% in 1Q20, totaling R$1,009.4 million;
     
  • Gross Margin from Products, including a higher share of mobile phones, perfumery and home fashion in the mix, was up by 1.8 p.p. in the quarter and reached 49.0%;
     
  • Operating Expenses increased 7.5% in 1Q20 YoY;
     
  • In 1Q20, Adjusted EBITDA came to R$101. million, down 46.4%. Excluding the effect of IFRS16 (Proforma), the Adjusted EBITDA was down by 71.3% to R$36.4 million in 1Q20;
     
  • Net Loss totaled R$47.5 million in 1Q20. Excluding the effect of IFRS16 (Proforma), Net Loss reached R$41.6 million in 1Q20.
  •  

Our Companies

logo MIDWAY
logo MIDWAY MALL
logo RCHLO

Copyright Guararapes 2017 - All rights reserved

imgCapctha