Lojas Renner S.A. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2020
May 21, 2020 at 06:42 pm EDT
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Lojas Renner S.A. reported consolidated earnings results for the first quarter ended March 31, 2020. For the quarter, revenue from sale of goods and services of BRL 1,863.761 million against BRL 1,892.117 million reported a year ago. Profit for the period was BRL 10,419 million against BRL 161,598 million reported a year ago. Basic earnings per share was BRL 0.0131 against BRL 0.2061 reported a year ago.
Lojas Renner S.A. specializes in the retail distribution of clothes and accessories for men, women and children. Gross sales break down by activity as follows:
- sale of products (90.4%): clothes, lingerie, shoes, bags, accessories, perfumes, cosmetic products, etc.;
- financial products (9.6%).
At the end of 2021, the marketing of the products is ensured through a network of 636 stores under the Renner (404), Camicado (119), Youcom (104) and Ashua (9) names in Brazil, and through Internet.
LOJAS RENNER S.A. 
