Netshoes (NETS) Misses Q1 EPS by 28c, Miss on Revenues
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Netshoes Limited Announces First Quarter 2018 Results
May 14, 2018 5:02 PM EDTSÃO PAULO--(BUSINESS WIRE)-- Netshoes (Cayman) Ltd. (NYSE: NETS) (Netshoes), Latin Americas leading online retailer of sporting and lifestyle goods, today reported unaudited consolidated financial results for the three-month period ended March 31, 2018. The results are stated in Brazilian Reais (R$) and prepared in accordance with International Accounting Standard 34, Interim Financial Reporting.
First Quarter 2018 Key Highlights
Registered members up 21%, reaching 23 million members Active customers up 20%, reaching 7 million Invoiced orders up 13% to 2.8 million orders, of which 78% were from repeat customers Orders placed... More