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Stock impact report

Netshoes Limited Announces Second Quarter 2018 Results

NETSHOES (CAYMAN) LTD (NETS) 
Last netshoes (cayman) ltd earnings: 11/13 05:09 pm Check Earnings Report
Company Research Source: Business Wire
SÃO PAULO--(BUSINESS WIRE)-- Netshoes (Cayman) Ltd. (NYSE:NETS) (“Netshoes”), Latin America’s 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 trucker’s 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, accounting for 11% of total GMV (+5 p.p. YoY) Adjusted EBITDA of R$0.2 million, with positive EBITDA margin, 1.1 percentage points (p.p.) higher year-over-year Net loss of R$38.1 million, Show less Read more
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