February 7, 2020 / 12:02 AM / 14 days ago

Brazil fashion retailer Lojas Renner posts 17% jump in Q4 profit

SAO PAULO, Feb 6 (Reuters) - Brazilian fashion retailer Lojas Renner SA reported an almost 17% jump in its fourth-quarter net income on Thursday, as lower taxes and stronger operating results helped the company improve its margins.

In a securities filing, the company said its quarterly net profit hit 513 million reais compared with 439.8 million reais a year earlier. (Reporting by Gabriela Mello Editing by Chris Reese)

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