Business
Grazziotin: Revenue up 5.7% year-over-year, but profitability pressured by higher costs and lower margins
Grazziotin: Revenue up 5.7% year-over-year, but profitability pressured by higher costs and lower margins
About this update from Grazziotin S.a.
Net revenue rose 5.7% year-over-year in 1Q25, but EBITDA and net income declined due to margin pressure and higher costs. Store modernization and brand repositioning advanced, while delinquency rates increased amid challenging macroeconomic conditions.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.