Forus S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 27, 2021 at 12:15 pm EDT
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Forus S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was CLP 70,646.127 million compared to CLP 22,768.195 million a year ago. Net income was CLP 10,103.314 million compared to net loss of CLP 2,434.813 million a year ago. For the half year, sales was CLP 120,039.441 million compared to CLP 71,281.157 million a year ago. Net income was CLP 13,480.789 million compared to net loss of CLP 1,803.306 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. 
