Insight Report 3 minutes PremiumFalabella (FALAB:CI) 4Q15 Results: In-Line Quarter, Four-Year Plan Outlines Expansion Throughout Latin America Coresight Research March 2, 2016 Executive Summary Falabella reported 4Q15 net revenues of CLP$2.4 trillion, up 6.6% year over year and in line with the consensus estimate. Bloomberg reported the company’s EPS as CLP$83.80 for 4Q15, slightly below the consensus estimate of CLP$84.66 but up 11.0% year over year. Comps increased in Chile and Argentina across all stores, including department stores, home improvement stores and supermarkets, though they decreased in Peru and Brazil. Colombia saw mixed results, with comps increasing by 12% for home improvement stores, but falling by 6% for department stores. Falabella opened 13 new stores in Latin America and one shopping center in 4Q15. The company plans to invest US$4.0 billion during 2016–2019 to open 10 new shopping centers and 131 new stores, grow its omni-channel operations, increase its selling area, and remodel its existing stores and shopping centers. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Five Insights from eTail Boston 2023: Building Omnichannel Experiences, Unlocking the Power of Data, and MoreData Dive: What US, European and Australian Retailers Are Saying on CapexShoptalk Europe 2023 Day Two: Exploring the Roles of Web3 in the Supply Chain and “Wow” Moments in Physical RetailHow Data Sharing and Collaboration Can Accelerate Decision-Making and Enhance Sustainability
