Retailer decreases losses by 23.6% in 2nd Tri

The retailer Marisa registered a loss of R $28.3 million, a decrease of 23.6% compared to the R $37 million registered in the same period of 2018. The result of last year was Hamed by an expense of R $22.6 million with income tax and social contribution, while in the second quarter she recorded a tax credit of R $328,000. Net revenues were practically stable in the period, growing only 0.1%, for R $690.2 million. In retail, there was a growth of 5.1% of sales in the concept "same stores", which consider the results of units in operation for more than 12 months. Considering all stores, revenue increased 1.9%.