Falabella S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
September 31, 2021 at 07:31 pm EDT
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Falabella S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was CLP 2,390,588.744 million compared to CLP 1,458,364.095 million a year ago. Operating income was CLP 73,044.170 million compared to operating loss of CLP 60.298 million a year ago. Net income was CLP 134,848.255 million compared to net loss of CLP 128,807.496 million a year ago. Basic earnings per share was CLP 60.000000 compared to basic loss per share of CLP 50.000000 a year ago. For the half year, sales was CLP 4,608,667.199 million compared to CLP 3,346,062.707 million a year ago. Operating income was CLP 171,257.938 million compared to CLP 60,653.971 million a year ago. Net income was CLP 272,174.706 million compared to net loss of CLP 111,932.483 million a year ago. Basic earnings per share was CLP 110.000000 compared to basic loss per share of CLP 40.000000 a year ago.
Falabella SA, formerly SACI Falabella, is a Chile-based company managing an online and offline retail platform. It operates seven business segments: Department Stores, Home Improvement, Supermarkets, Promotora CMR, Real Estate, Banking Business and Other Businesses. Department Stores sales, under the Falabella brand, a range of products, including retail sales of clothing, accessories and products for the home, electronics, beauty products and others. Home Improvement sales, under the Sodimac brand, building and home improvement products, including building materials, hardware, tools, and accessories for kitchen, bathroom, garden and decoration, among others. Supermarkets manages hypermarkets and supermarkets under the Tottus brand. Promotora CMR provides the CMR credit card. Real Estate operates constructing and leasing malls. Banking Business covers all banking activities. Other Businesses includes all the other activities. The Company operates in Latin America.
FALABELLA S.A. 
