S.A.C.I. Falabella said its normalized net income for the first quarter amounted to 36.70 Chilean pesos per share, compared with the S&P Capital IQ consensus estimate of 41.55 pesos per share.
EPS climbed 26.4% year over year from 29.03 pesos.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 89.34 billion pesos, an increase of 26.6% from 70.59 billion pesos in the year-earlier period.
The normalized profit margin rose to 4.6% from 4.1% in the year-earlier period.
Total revenue grew 13.1% year over year to 1.950 trillion pesos from 1.725 trillion pesos, and total operating expenses climbed 13.3% on an annual basis to 1.768 trillion pesos from 1.560 trillion pesos.
Reported net income grew 13.4% from the prior-year period to 105.90 billion pesos, or 43.46 pesos per share, from 93.38 billion pesos, or 38.40 pesos per share.
As of May 13, US$1 was equivalent to 600.20 Chilean pesos.
