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Article Date: July 2022
Word Count: 178

Vulcabras Net Improves on Soaring Revenues


Vulcabras net income was up 13% to BRL103,758,000 ($19.8 mm) over BRL91,505,000 on a 64% revenue gain to BRL 656,808,000 ($125.5 mm) from BRL 399,412,000. Athletic footwear sales were up 57% to BRL532.2 million, Apparel and Accessories posted a 153% gain to BRL70.1 million, and Other Footwear and Other increased 73% to BRL54.5 million. By geography, sales in the Brazilian home market were up 61% to BRL586.0 million, led by increases in Athletic Footwear and Apparel and Accessories. Foreign sales ... Log in to view full article.

 


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