C&A Modas S.A. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 05, 2022 at 06:26 pm EDT
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C&A Modas S.A. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported revenue was BRL 1,197.02 million compared to BRL 776.08 million a year ago. Net loss was BRL 152.72 million compared to BRL 138.54 million a year ago. Basic loss per share from continuing operations was BRL 0.4958 compared to BRL 0.4494 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.