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Casas Bahia Loss: Q2 Net Loss R$10.1bn, EY Doubts

Casas Bahia posted a R$10.1 billion (~US$1.94 billion) net loss in Q2 2026, mostly from non-cash charges, and EY refused to sign off on the financials.

  • Brazilian retailer Casas Bahia reported R$10.1 billion net loss in Q2 2026
  • Auditors EY withheld opinion due to concerns about company's viability
  • CEO and CFO leading transformative plan with store closures and layoffs

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