1) Arezzo&Co reported strong financial results in 4Q16, with net revenue increasing 19.4% and net income reaching R$35.8 million, a 10.6% margin. 2) Key highlights included a 21.2% rise in gross profit to R$153.2 million and 20.6% growth in EBITDA to R$53.9 million. 3) For the full year 2016, the company opened 22 new stores, expanding its sales area by 3.7% in line with guidance, and generated R$101.7 million in operating cash flow.