AREZZO&CO ANNOUNCES 2Q14 RESULTS

Arezzo&Co (BM&FBOVESPA: ARZZ3), Brazil´s women´s footwear, handbags and accessories industry leader, is reporting its earnings for the 2nd quarter of 2014.

Highlights:
• In 2Q14, gross revenue was R$327.5 million, up by 7.2% against 2Q13;
• In 2Q14, gross profit was R$112.9 million, a growth of 6.5% in comparison with 2Q13;
• EBITDA for 2Q14 amounted to R$42.3 million, an increase of 4.5% against 2Q13, with a 16.7% margin;
• In 2Q14, net income reached R$31.6 million, with net margin of 12.5%, up by 8.9% over 2Q13;
• In this quarter, Arezzo&Co opened nine stores and expanded six stores, with growth of 15.7% in sales area over the last 12 months.
Click here to access the Earnings Release.