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    FALABELLA   CLP3880F1085

FALABELLA S.A.

(FALABELLA)
  Report
End-of-day quote Santiago Stock Exchange  -  2023-03-23
1823.80 CLP   +0.21%
03/10Falabella S A : Corporate Presentation 4Q-2022
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03/02Transcript : Falabella S.A., Q4 2022 Earnings Call, Mar 02, 2023
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03/02Falabella S A : Earnings Presentation 4Q-2022
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Chile's Falabella reports 51.7% decrease in Q2 net profit

08/30/2022 | 06:19pm EDT

SANTIAGO (Reuters) -Chilean retailer Falabella on Tuesday reported a 51.7% year-on-year drop in its second quarter net profit, hit by increased costs.

The company's profit for the quarter was 65.12 billion pesos ($70.8 million).

Second quarter net revenue grew 16.1% to 3.08 trillion pesos ($3.3 billion).

The company was impacted "by the complex global and local scenario, with pressures on margins in Chile and increases in expenses," Falabella Chief Executive Gaston Bottazzini said in a statement.

He also highlighted additional expense related to the "development of capacities" across digital platforms, while the financial report itself noted currency variations as a key factor for the drop in profit.

The company's consolidated earnings before taxes, interests, depreciation and amortization (EBITDA) fell 31.7% to 245 billion pesos in the quarter, missing the Refinitiv forecast of 316 billion pesos.

(1 dollar = 919.97 Chilean pesos by end June)

(Reporting by Fabian Cambero and Carolina Pulice; Editing by Isabel Woodford and Sandra Maler)


© Reuters 2022
All news about FALABELLA S.A.
03/10Falabella S A : Corporate Presentation 4Q-2022
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03/02Transcript : Falabella S.A., Q4 2022 Earnings Call, Mar 02, 2023
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03/02Falabella S A : Earnings Presentation 4Q-2022
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02/28Falabella S.A. Reports Earnings Results for the Full Year Ended December 31, 2022
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2022Falabella S A : Earnings Presentation 3Q-2022
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More news
Financials
Sales 2023 12 545 B 15 436 M 15 436 M
Net income 2023 426 B 524 M 524 M
Net Debt 2023 4 467 B 5 497 M 5 497 M
P/E ratio 2023 14,1x
Yield 2023 1,01%
Capitalization 4 576 B 5 630 M 5 630 M
EV / Sales 2023 0,72x
EV / Sales 2024 0,66x
Nbr of Employees 91 278
Free-Float 45,1%
Chart FALABELLA S.A.
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Technical analysis trends FALABELLA S.A.
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 11
Last Close Price 1 823,80 CLP
Average target price 2 183,64 CLP
Spread / Average Target 19,7%
EPS Revisions
Managers and Directors
Gastón Bottazzini Chief Executive Officer
Alejandro González Dale Chief Financial Officer
Carlo Solari Donaggio Chairman
Ashish Grover Chief Information Officer
Ricardo Cruzat Ochagavía Independent Director
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