Forus S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 26, 2021 at 07:07 pm EST
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Forus S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was CLP 77,988.94 million compared to CLP 45,830.31 million a year ago. Net income was CLP 12,108.65 million compared to CLP 1,177.87 million a year ago.
For the nine months, sales was CLP 198,028.38 million compared to CLP 117,111.47 million a year ago. Net income was CLP 25,589.44 million compared to net loss of CLP 625.44 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. 
