Material Fact - 4Q18 and sales performance
(World News Brazil)

MATERIAL FACT 4Q18 AND 2018 SALES PERFORMANCE CIA. HERING (B3: HGTX3) announces to its shareholders and the general market preview information on the 4Q18 and 2018 sales performance. HIGHLIGHTS OF THE QUARTER o 13.0% of SSS growth in the Hering Store network o Sales growth (sell-out) of 13.1% and 27.4% in Own Stores and E-Commerce, respectively o Deceleration in sell-in sales aiming at balance and sustainability of operations o Net opening of 3 stores during the quarter, despite the reduction of stores in the last 12 months o Refurbishment intensification in the Hering Store network (25 refurbished stores in the quarter) o New store format opening - Hering Basic Shop and 2 Hering Experience...