The bottom line swung to a BRL 8.5 million ($1.7 mm) loss from BRL 44.9 million of income in the prior year as revenue declined 18% to BRL 896.2 million ($183.6 mm) from BRL 1,089.9 million. Backing out several one-time items from the net loss, profit would have been $4.6 million ($0.9 mm). Havaianas sales were down 18% to BRL 884.7 million as the home market declined 15% to BRL 707.0 million and international dropped 27% to BRL 177.7 million. Volume declines were partially offset by last year’s price increases. Constant ... Log in to view full article.