Forus S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
September 01, 2023 at 07:35 pm EDT
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Forus S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CLP 87,467.92 million compared to CLP 88,872.41 million a year ago. Net income was CLP 9,522.72 million compared to CLP 13,447.48 million a year ago.
For the six months, sales was CLP 164,589.99 million compared to CLP 158,743.94 million a year ago. Net income was CLP 15,614.56 million compared to CLP 16,910.17 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. 
