You are in: Home / News


São Caetano do Sul, October 24th, 2018 - Via Varejo S.A. [B3: VVAR11, VVAR3 and VVAR4] releases its third quarter 2018 (3Q18) earnings results.

Via Varejo

Consolidated Net Revenue of R$ 6.4 billion in 3Q18, up 4.4% over the same period of last year.

Net sales in physical stores reached R$ 5.2 billion in 3Q18 (+5.2% vs. 3Q17), with same-store sales growth of +4.2%.

Online GMV in 3Q18 of R$ 1.6 billion, with growth of 13.6% and marketplace penetration of 26.2% (vs. 24.9% in 3Q17).

Click&Collect in 3Q18 reached 31.3% of Online sales in the main categories, demonstrating consistency in the evolution of our multi-channel strategy.

Gross Profit of R$ 1,864 million, representing a margin of 29.2%.

Adjusted EBITDA of R$ 161 million in 3Q18, with a margin of 2.5%.

We ended the quarter with net cash, including undiscounted credit card receivables, of R$ 1.6 billion.

Launch of the new Casas Bahia app, + 300% in orders only in September vs. the best month of the year.

Partnership with a call option of Airfox for the development of the digital CDC and the digital wallet.

Partnership with GetNet to develop the marketplace seller’s portal with a wide range of financial services.

Extension of the Partnership with Zurich: centralized a large part of the insurance portfolio by a single insurance company, contributing to the omnichannel strategy and envisaging greater efficiency and operational synergy.

Click on the links below in order to access:

3Q18 Earnings Release

3Q18 ITR*

*Information available in Portuguese only.

October 25
th, 2018
2:00 p.m. (Brasília time) | 1:00 p.m. (NY) | 6:00 p.m. (London)
Conference in English (simultaneous translation)
+1 (646) 843-6054
Webcast: click here

Conference in Portuguese (original language)
+55 (11) 2188-0155
Webcast: click here

Replay: +55 (11) 2188-0400
Access code for audio in English: Via Varejo
Access code for audio in Portuguese: Via Varejo
The conference call will also be available in audio format on

Please dial in five minutes prior to the scheduled conference call time.

Via Varejo S.A.
Departamento de Relações com Investidores - Investor Relations Team

Last Update on October 24, 2018

Back Top