Veste S.A. Estilo Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 07:14 pm EST
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Veste S.A. Estilo reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net loss was BRL 66.71 million compared to BRL 49.14 million a year ago. Basic loss per share from continuing operations was BRL 7.7512 compared to BRL 5.7093 a year ago.
For the nine months, net loss was BRL 169.53 million compared to BRL 143.11 million a year ago. Basic loss per share from continuing operations was BRL 19.6975 compared to BRL 16.6284 a year ago.
Restoque Comercio e Confeccoes de Roupas SA, formerly Le Lis Blanc Deux Comercio e Confeccoes de Roupas SA, is a Brazil-based company primarily engaged in the fashion industry. The Company focuses on the design, development, manufacture and trade of apparel and accessories for women and men. It distributes products through own and multi-brand stores, wholesale network, franchise and outlet stores, as well as online platform. The Company's apparel brand names comprise Le Lis Blanc Deux, Dudalina, Bo Bo - Bourgeois Boheme, John John, Noir Lelis, Individual and Rosa Cha. In addition, the Company retails home decor items, hygiene articles and cosmetics. The Companyâs subsidiaries include Dudalina SA.
VESTE S.A. ESTILO 
