S.A.C.I. Falabella Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014
November 20, 2014 at 11:50 pm EST
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S.A.C.I. Falabella reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net profit of CLP 81.51 billion compared to CLP 76.59 billion for the third quarter ended September 30, 2013. Total revenues were CLP 1.77 trillion compared to CLP 1.6 trillion for the third quarter ended September 30, 2013.
For the nine months, the company reported net profit of CLP 279.94 billion compared to CLP 275.8 billion for the nine months ended September 30, 2013. Total revenues were CLP 5.31 trillion compared to CLP 4.67 trillion for the nine months ended September 30, 2013.
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. 
