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Retailer Falabella reverses loss in first quarter
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Retailer Falabella reverses loss in first quarter
May 7, 2024 2:53 PM

May 7 (Reuters) - Chilean retailer Falabella on Tuesday

reversed a year-ago loss, posting a net profit of 58.50 billion

pesos ($59.55 million) for the first quarter.

The company's revenue during the three-month period reached

2.86 trillion pesos, up 4.2% from the year-ago quarter.

($1 = 982.38 Chilean pesos at end-March)

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