AREZZO&CO ANNOUNCES 3Q15 RESULTS

Arezzo&Co (BM&FBOVESPA: ARZZ3), Brazil’s women’s footwear, handbags and accessories industry leader, reports its earnings for the 3rd quarter of 2015.

Highlights

• In 3Q15, gross revenue was R$403.7 million, up by 6.5% against 3Q14;

• In 3Q15, the Company’s gross profit reached R$133.0 million, an increase of 6.5% over 3Q14;
• EBITDA for 3Q15 totaled R$49.7 million, with a margin of 15.8%;
• Net income for 3Q15 increased by 7.4% against 3Q14, totaling R$36.1 million, with a net margin of 11.5%;
• During the quarter, Arezzo&Co’s opened eight stores and expanded another four, with growth of 9.7% in the sales area over the last 12 months.
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