Azzas 2154 2QFY26 net profit drops 62.5% to R$ 106.5 million; revenue falls 7.1% to R$ 3.35 billion
Reuters2026/08/12 22:40Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Azzas 2154 posted 2Q26 net revenue of R$ 2.66 billion, down 8.2% year over year; net income fell 62.5% to R$ 106.5 million.
- EBITDA dropped 29.1% to R$ 379.6 million, shrinking the EBITDA margin to 14.2% from 18.5% a year earlier.
- Gross profit slipped 5.9% to R$ 1.52 billion, while gross margin widened 1.3 percentage points to 57.2% on lower markdowns.
- Operating cash generation rose to R$ 356.5 million, supported by a 31-day year-on-year reduction in the financial cycle.
- Management cited weaker sell-in demand, down 13.6%, linked to franchise inventory normalization, calendar effects in Shoes & Bags, and a high-rate macro backdrop.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Azzas 2154 SA published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.
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