Insight ReportLojas Americanas (BVMF: LAME4) 4Q15 Results: Big Decrease in Profit, Macro Conditions in Brazil Taking Their Toll Coresight Research March 11, 2016 Executive Summary Lojas Americanas reported 4Q15 net revenues of R$5.8 billion, up 6.3% from 4Q14 but below the consensus estimate of R$6.1 billion. Bloomberg reported adjusted EPS for 4Q15 as R$0.16, down R$0.09 versus the year-ago quarter and below the consensus estimate of R$0.23. The company’s same-store sales grew by 8.6% in 4Q15 and by 8.8% in 2015. Net income fell by 31.1% year over year in 4Q15 and by 41.5% in the full year due to increased expenses and challenging macroeconomic conditions. Lojas Americanas’ revenues for 2015 were R$17.9 billion, 3.2% lower than the consensus estimate of R$18.5 billion. Adjusted EPS for 2015, as calculated by Bloomberg, was R$0.21, missing the consensus estimate of R$0.32. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Innovator Profile: Buncha—Efficient Neighborhood Grocery Delivery Via Consolidated RoutesAldi vs. Lidl US Store Openings: Mapping Retail Real Estate Changes with the Store Intelligence Platform—Data GraphicRetail 2025: China Retail PredictionsShoptalk Spring 2025: Day One—Creating Value Is Critical to Success; Tech-Powered Personalization Permeates Panel Discussions
