|Bid||49.85 x 0|
|Ask||49.88 x 0|
|Day's Range||49.13 - 50.19|
|52 Week Range||24.73 - 50.19|
|Beta (3Y Monthly)||0.94|
|PE Ratio (TTM)||39.04|
|Earnings Date||Oct 24, 2019|
|Forward Dividend & Yield||0.47 (0.98%)|
|1y Target Est||39.67|
Brazilian fast-fashion retailer Lojas Renner SA reported on Tuesday a double-digit fall in second-quarter net profit, as taxes and operating expenses grew while foreign exchange variations hurt margins. In a securities filing, the company said its quarterly net profit dropped 14.4% year-on-year to 235.1 million reais ($62 million), based on new international accounting standards known as IFRS 16. "This was the quarter with the slowest operational growth, but for the third and fourth quarters we expect a more positive scenario," Chief Financial Officer Laurence Gomes told Reuters in an interview on Tuesday.
Brazil's largest fashion retailer, Lojas Renner SA, reported on Thursday a quarterly net profit that was 45 percent higher year-on-year and greatly exceeded market expectations, helped by double-digit ...
Brazilian apparel chain Lojas Renner SA made an annual profit of more than 1 billion reais ($269 million) for the first time last year, helped by double-digit revenue growth which has carried over into the first weeks of 2019. "We see good customer traffic and the same pace we had at the end of last year," Chief Financial Officer Laurence Gomes said in a telephone interview with Reuters on Thursday. In the fourth quarter, Lojas Renner's net profit rose 33 percent from a year earlier, to 440 million reais, roughly in line with an average estimate compiled by Refinitiv of 434 million reais.
The board of Brazilian apparel chain Lojas Renner SA has chosen as its new chief executive Fabio Adegas Faccio, the firm's chief procurement officer, the company said on Thursday. In a securities filing, ...