Marisa announces consolidated EBITDA of R$60.7 million in 2Q16

São Paulo, August 04, 2016- Marisa Lojas S.A.(BM&FBovespa: AMAR3; Bloomberg: AMAR3 BZ), announces today the results for the second quarter of 2016 (2Q16).

To access the Earnings Release, click here.

To access the Fundamentals and Spreadsheets tool, click here.

Highlights:

  • Retail Net Revenue increases 1.8% and 3.2% in SSS;
  • Gross Margin went down 3.2 pp, reaching 45.8%;
  • Retail SG&A nominally rose by 2.9% and nominally decrease of 0.4% exc- the return of the payroll tax;
  • Cash from Operations of R$ 33.2 million positive, over the R$ 25.9 million negative in 6M15;
  • Continuous improvements in Inventories level with new reduction of 30.7%;
  • Financial Products and Services (FPS) with solid results and superior performance portfolios Marisa Card involved in 44.2% of sales, increasing 2.7 p.p.

Conference call in Portuguese with simultaneous translation into English

August 05, 2016

11:00 a.m. (US EDT) | 12:00 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 04 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 August 2016 22:35:06 UTC.

Original documenthttp://www.mzweb.com.br/marisa/web/conteudo_en.asp?idioma=1&tipo=12234&conta=44&id=228971

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