Pague Menos disappoints on revenue, but makes up for it in EBITDA and profit
Pague Menos reported a third quarter with a slowdown in revenue, which fell short of consensus, but with significant gains in profitability – which led to the company's largest profit margin ever for the period. After growing 13.9% in the third quarter of 2024 and 17.9% in the same quarter of last year, Pague Menos' revenue now slowed to 6.9%, with same-store sales coming in at …
Pague Menos reported a slowdown in revenue for the third quarter, with a 6.9% growth to R$ 4.4 billion, 0.7% below consensus. The company's same-store sales increased by 5.6%, and it gained market share nationally, with a 9.6% growth compared to the sector's 9.1%. Despite the revenue slowdown, Pague Menos achieved significant profitability gains, with an EBITDA of R$ 279 million, 1% above consensus, and a net profit of R$ 96 million, 2.4% above analyst projections. The company generated R$ 165 million in operational cash flow during the quarter.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
