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Restoque’s restructuring strategy impacts Q3 sales growth

Third quarter revenues at Restoque Comércio e Confecções de Roupas S.A. totalled 271.9 million Brazilian real (64.8 million dollars), down 3.4 percent, which the company said were impacted by the actions taken by the company to eliminate channel conflicts and reinforce the positioning of its brands, strengthening the foundations for sustainable...

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Business

Restoque books net profit in Q1, same-store sales rise 7.4 percent

Restoque Comércio e Confecções de Roupas S.A. recorded the sixth consecutive quarter of same-store sales growth at 7.4 percent, with a gain of 9 percent in sales/sqm in the company-owned stores. EBITDA of 76 million Brazilian real (21.3 million dollars) was up 18.4 percent, with a 25.4 percent margin, a gain of 3.8 p.p. Net profit for the...

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