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Article: Lojas Riachuelo's 2005 Sales Performance and Sales Estimates for 2006.
- Article from:
- PR Newswire
- Article date:
- February 22, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAO PAULO, Brazil, Feb. 21 /PRNewswire-FirstCall/ -- Guararapes Confeccoes -- Lojas Riachuelo [BOVESPA: GUAR3(ON); GUAR4(PN)], announces its sales performance in December 2005 (preliminary and non-audited) and sales estimates of Lojas Riachuelo for 2006. Commencing with this sales report, we will disclosure Lojas Riachuelo on monthly-basis.
Sales Estimates - 2006
Lojas Riachuelo estimates gross sales growth of 40% in 2006, 30% out of which will arise from the increase in sales per square meters.
December and 2005 Sales Performance
Gross Sales in December of 2005 totaled R$ 388.3 million and Net Sales R$ 267.8 million, with 29.8% and ...