Lojas Quero-Quero: Gross revenue declined 3.6% and SSS dropped 11.6%, resulting in a net loss of R$42.1 million
· Issued by Lojas Quero-quero SA
Gross revenue fell 3.6% year-over-year to R$788.9 million, with SSS down 11.6% and a net loss of R$42.1 million. Financial services and credit card segments grew, but retail revenue declined amid a challenging macro environment and higher capital costs.
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