Grupo de Moda SOMA S A : Dados Econômico-Financeiros
May 04, 2023 at 11:03 pm
Share
RELEASE 1Q23
May 5
am (BRASÍLIA)
am (US-EST)
WEBCAST:
Click here
EARNINGS CALL
RELEASE 1Q23 GRUPO SOMA
2
Rio de Janeiro, May 4, 2023.
SOMA Group, the largest fashion group in Brazil, releases its 1Q23 Earnings
SOMA Group achieved all-time high quarterly gross revenue of BRL 1.4 billion, +18.7% vs. 1Q22 and adjusted EBITDA of BRL 142.5 million, +36.6% earnings vs. 1Q22, reaching an adjusted EBITDA margin of 11.8%, +1.6 p.p. vs. 1Q22.
RELEASE 1Q23 GRUPO SOMA
3
1Q23 HIGHLIGHTS
In 1Q23, SOMA Group achieved all-time high quarterly gross revenue of
BRL 1.4 billion, +18.7% vs. 1Q22.
Gross profit of BRL 688.0 million,
growth of +22.3% vs. 1Q22, reaching a gross margin of 57.2%,
+1.9 p.p. vs. 1Q22.
Adjusted EBITDA of BRL 142.5 million, +36.6% vs. 1Q22, achieving an adjusted EBITDA margin of 11.8%, +1.6 p.p.
vs. 1Q22.
Adjusted net income reached
BRL 58.6 million in 1Q23,
+9.6% vs. 1Q22.
RELEASE 1Q23 GRUPO SOMA
4
1Q23 HIGHLIGHTS
The ex-Hering portfolio maintained its high level of growth:
Gross revenue of BRL 836.8
million, up +24,9% vs. 1Q22.
Strong growth in wholesale (+43.1%) and our own stores (+25.3%) vs. 1Q22.
Gross profit of BRL 488.3
million in 1Q23, +25.0% vs.
1Q22. Gross margin reached 67.6% in 1Q23, +0.3 p.p. vs. 1Q22.
Customer acquisition continues at
high levels, with an increase in the active base of +11.2% vs. 1Q22.
RELEASE 1Q23 GRUPO SOMA
5
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Grupo de Moda SOMA SA published this content on 04 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 May 2023 22:00:23 UTC.
Grupo de Moda SOMA SA, formerly known RBX Rio Comercio de Roupas SA is a Brazil-based company active in the fashion industry. The Company operates a platform of exclusive fashion brands, such as Fabula, a children's clothing retailer that offers garments for boys, girls and infants; Foxton, a Brazilian retailer of clothes, footwear, and accessories; Maria Filo, a fashion brand with womenâs clothing, jewelry and bags in its offering, Off Premium, a brand that offers female and masculine fashion, as well as Hering, a fashion brand that offers sport clothes, among others. The Company has several subsidiaries, including Plantage Rio, Inc, Cidade Maravilhosa Industria e Comercio de Roupas SA, SOMA Ventures Participacoes Ltda as well as ByNV Comercio Varejista de Artigos do Vestuario SA.
GRUPO DE MODA SOMA S.A. 
