C&A Modas S.A. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 28, 2020 at 02:37 am
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C&A Modas S.A. Announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was BRL 976.850 million compared to BRL 1,040.513 million a year ago. Operating loss was BRL 49.919 million compared to operating Income of BRL 610.847 million a year ago. Net loss was BRL 55.365 million compared to net income of BRL 751.437 million a year ago. Basic loss per share was BRL 0.1796 compared to basic earnings per share of BRL 2.9021 a year ago. Diluted loss per share was BRL 0.1794 compared to diluted earnings per share of BRL 2.9021 a year ago.
C&A Modas SA, formerly know as C&A Modas Ltda, is a Brazil-based fashion company, which manages a retail chain of shops and a Web portal. The Company sells a variety of products, such as apparel, accessories and footwear for men, women and children; cosmetics for both man and woman; electronic devices, including smartphones, notebooks, tablets and related accessories, among others. Its offering includes also products from different brands that customer can buy also through a mobile application.