C&A Modas S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022 at 06:51 pm EDT
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C&A Modas S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was BRL 1,630.24 million compared to BRL 1,175.59 million a year ago. Net income was BRL 2.1 million compared to BRL 69.23 million a year ago. Basic earnings per share from continuing operations was BRL 0.0068 compared to BRL 0.2246 a year ago. Diluted earnings per share from continuing operations was BRL 0.0067 compared to BRL 0.2245 a year ago.
For the six months, revenue was BRL 2,827.26 million compared to BRL 1,951.67 million a year ago. Net loss was BRL 150.63 million compared to BRL 69.31 million a year ago. Basic loss per share from continuing operations was BRL 0.4902 compared to BRL 0.2248 a year ago. Diluted loss per share from continuing operations was BRL 0.4902 compared to BRL 0.2248 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.
C&A MODAS S.A. 
