AREZZO&CO ANNOUNCES 3Q14 RESULTS

Arezzo&Co (BM&FBOVESPA: ARZZ3), Brazil´s women´s footwear, handbags and accessories industry leader, is reporting its earnings for the 3rd quarter of 2014.

Highlights:
• In 3Q14, gross revenue was R$379 million, up by 12.2% against 3Q13;
• In 3Q14, gross profit reached R$124.9 million, a growth of 7.6% over 3Q13;
• EBITDA for 3Q14 amounted to R$51.4 million, an increase of 10% against 3Q13, with a margin of 17.4%;
• In 3Q14, net income increased by 14.3% over 3Q13 to R$33.6 million, with net margin of 11.3%;
• In this quarter, Arezzo&Co opened 11 stores and expanded two stores, with a growth of 13.3% in sales area over the last 12 months.
Click aqui to access the Earnings Release.