Netshoes (NETS) Reports Q2 Loss of R$1.22/Share
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Netshoes Limited Announces Second Quarter 2018 Results
August 9, 2018 4:54 PM EDTSÃO PAULO--(BUSINESS WIRE)-- Netshoes (Cayman) Ltd. (NYSE: NETS) (Netshoes), Latin Americas leading online retailer of sporting and lifestyle goods, today reported unaudited consolidated financial results for the three and six-month period ended June 30, 2018. The results are stated in Brazilian Reais (R$) and prepared in accordance with International Accounting Standard 34, Interim Financial Reporting.
Second Quarter 2018 Key Highlights
Net sales of R$449.8 million, down 2.5% year-over-year, impacted by truckers strike and warmer winter GMV of R$630.0 million, up 2.0% year-over-year (FX neutral), with Marketplace GMV up 72.7% year-over-year,... More