Forus S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2019
July 14, 2019
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Forus S.A. Announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was CLP 66,169 million compared to CLP 68,191 million a year ago. Operating income was CLP 10,393 million compared to CLP 13,710 million a year ago. Net income was CLP 9,034 million compared to CLP 10,701 million a year ago. For the half year, sales was CLP 122,392 million compared to CLP 129,017 million a year ago. Operating income was CLP 15,361 million compared to CLP 21,504 million a year ago. Net income was CLP 20,618 million compared to CLP 16,565 million a year ago.
Forus SA is a Chile-based company primarily engaged in the footwear and apparel retail. The Company focuses on the design, production and distribution of footwear, apparel and accessories for men, women and children. The Company's activities are divided into two business segments: Retail, which sells goods through retail and online stores, and Wholesale, which distributes goods through department stores, owned by Cencosud Retail SA, Falabella Retail SA and Ripley Corp SA, among others. The Company offers products under a range of brand names, including Hush Puppies, Cat, Merrell, Columbia, Mountain Hardwear, Azaleia, Sebago, Nine West, Brooks, Calpany, Skullcandy and Norseg, among others. Its distribution network includes point of sales located in Chile, Uruguay, Peru and Colombia. The Company operates through a number of subsidiaries, such as as Uruforus SA, Peru Forus SA and Forus Colombia SAS. The Company is controlled by Inversiones Costanera Ltda.
FORUS S.A. 
