Netshoes Limited Reports Third Quarter 2017 Results
NETSHOES (CAYMAN) LTD (NETS)
Last netshoes (cayman) ltd earnings: 11/13 05:09 pm
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US:NYSE Investor Relations:
businesswire.com/news/home/20171110005553/en/netshoes-cayman-ltd.-announces-date-quarter-2017
Company Research
Source: Business Wire
Gross Merchandise Volume up 15.4% year-over-year, or 17.0% on an FX neutral basis, to R$609.5 million Net sales growth of 7.3% year-over-year, or 8.8% on an FX neutral basis, to R$444.6 million SÃO PAULO--(BUSINESS WIRE)-- Netshoes (Cayman) Ltd. (NYSE:NETS) (“Netshoes”), Latin America’s leading online retailer of sporting and lifestyle goods, today reported unaudited consolidated financial results for the three and nine-month periods ending September 30, 2017. The results are stated in Brazilian Reais (“R$”) and prepared in accordance with International Accounting Standard 34, “Interim Financial Reporting.” Marcio Kumruian, Founder and CEO of Netshoes, commented: Through September, we continued to deliver Gross Merchandising Volume (GMV) growth combined with an expansion of our market leading position in sporting goods, while continuing to scale in fashion and beauty. As
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