Business
MDV: Q1 2026 saw 6% EBITDA growth, record gross margin, and strong HalfPrice expansion
MDV: Q1 2026 saw 6% EBITDA growth, record gross margin, and strong HalfPrice expansion
About this update from Modivo Sa
Adjusted EBITDA rose 6% year-over-year in Q1 2026, with revenue up 4% and gross margin at a record 51.8%. HalfPrice led growth, while Modivo.com improved profitability despite lower sales. Expansion will focus on off-price formats, with inventory and cost controls prioritized.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.