Lojas Renner SA (BSP:LREN3)
R$ 14.99 -0.07 (-0.46%) Market Cap: 15.77 Bil Enterprise Value: 16.93 Bil PE Ratio: 12.80 PB Ratio: 1.38 GF Score: 93/100
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Q1 2022 Lojas Renner SA Earnings Call Transcript

May 06, 2022 / 04:00PM GMT
Release Date Price: R$24.24 (+5.99%)
Operator

Good afternoon, everyone. We're going to begin the video conference for the first quarter of Lojas Renner. We have Fabio Faccio, our CEO; and Daniel Santos, our CFO.

Before handing over to them, I will give you a couple of messages. This is being recorded and streamed live. (Operator Instructions) So before we proceed, we would like to clarify that any potential statements made during this video conference related to business perspectives, operating and financial goals and projections are based on beliefs and assumptions based on information currently available and therefore, are not guarantees of performance.

(Operator Instructions) Over to you, Daniel.

Daniel Martins dos Santos
Lojas Renner S.A. - Chief Financial & Administrative Officer and IR Officer

So thank you. Let's begin talking about our performance in net revenue in retail. We had robust growth in the first quarter at 63% year-over-year and 35% compared to the same quarter in 2019. The sales performance when we analyze that and compare it to the market, and that's based on

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