Grazziotin S.a.BMFBOVESPA: CGRA3

Grazziotin: Net income fell 36.8% in 4Q25, with lower margins and reduced store count after repositioning

· Issued by Grazziotin S.A.

Net revenue and net income declined year-over-year in 4Q25, with EBITDA margin also lower. Store repositioning and higher dividend payouts impacted cash, while the agricultural segment faced margin pressure from falling commodity prices.

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