Grupo Mateus SaBMFBOVESPA: GMAT3

Grupo Mateus: Revenue up 12.9% but net income down 21.8% amid higher costs and SSS decline

· Issued by Grupo Mateus SA

Net revenue grew 12.9% year-over-year to R$9.4 billion, but net income fell 21.8% due to higher expenses and operating deleverage. Same-store sales declined 7.3%, while cash generation and leverage improved, reflecting disciplined capital allocation.

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