25 March, 2015
The investment bank started its coverage highlighting the historical benefits of the company and its zero exposure to credit business.
6 March, 2015
The retailer reported results broadly in line with what analysts expected. Forus sales were positive note for the fourth quarter, as they were 10% above what analysts were expecting. The retailer reported revenues of $63,160 million for the fourth quarter, while net profit was well near the forecasts collected by El Mercurio Investments, adding $ […]
23 January, 2015
Retailer will spend around US $ 9 million in new stores in 2015. In September 2014, Forus had opened 45 stores in nine months. The figure is higher than the 40 they had planned for the whole year, and much higher than its historical average. However, that fact would not repeat itself, at least in […]