São Paulo, August 10, 2017 - Marisa Lojas S.A. (BM&FBovespa: AMAR3; Bloomberg: AMAR3 BZ), announces today the results for the second quarter of 2017 (2Q17).

To access the Earnings Release, click here.

To access the Fundamentals and Spreadsheets tool, click here.

Highlights:

  • Retail gross profit of R$ 292.7 million, increase of 2.5% y/y;
  • Highest retail gross margin over the past 6 years, at 53.5% - expansion of 7.7 bps;
  • Net retail revenue decreased -12.3% y/y with same-store-sales of -13.5%, impacted by the calendar effect of winter sale;
  • Retail SG&A increased 5.5% y/y in nominal terms. On a comparable basis, SG&A would have fallen 4.6%;
  • Marisa cards participation in sales increased 60 bps - 100bps year to date;
  • Closure of one Marisa store.

August 11, 2017

01:00 p.m. (US ET) | 02:00 p.m. (Brasília)
Access phone out of Brazil: +1 (646) 843-6054
Code: Marisa
Replay phone in Brazil: +55 (11) 2188-0400
Code: Marisa

For live webcast, click here.

Participants are requested to connect 15 minutes prior to the time set for the conference call.

Slides e Webcast

A slide presentation will be available on our website www.marisa.com.br/ir. The conference call will be live broadcast over the internet on the same website, remaining available after the event.

Replay

The audio will be available 1 hour after the conference call, during the period of 7 days.
In order to access the replay, dial the phone number mentioned above.

Marisa Lojas SA published this content on 10 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 August 2017 14:42:06 UTC.

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