Lojas Quero-Quero SA (BSP:LJQQ3)

Q1 2025 Lojas Quero-Quero SA Earnings Call (English, Portuguese) Transcript

May 8, 2025 / 12:00 PM GMT

Release Date Price: R$2.75 (+1.85%)

Transcript

Key Points

Positve

Lojas Quero-Quero SA (BSP:LJQQ3) reported a 14% growth in revenue for the first quarter, reaching 765 million.
Retail sales grew by 15%, with same-store sales increasing by 12%, outperforming market expectations.
The company inaugurated 8 new stores, bringing the total to 576 stores, indicating a strategic expansion.
Credit portfolio grew by 17%, driven by increased use of the company's credit card, enhancing profitability.
Digital sales accounted for 26% of total sales, optimizing inventory and expanding sales channels.

Negative

The company faced a lower retail margin due to promotional sales and increased demand for lower-margin products.
Higher interest rates increased pressure on margins, with the impact expected to continue into the second quarter.
The macroeconomic environment remains challenging, with high interest rates affecting consumer spending.
There were 5 store closures during the quarter due to challenges in staffing and performance.
The company is proceeding with a conservative expansion strategy, limiting growth potential in the short term.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

LJQQ3.SA - Lojas Quero-Quero SA
Q1 2025 Lojas Quero-Quero SA Earnings Call (English, Portuguese)
May 08, 2025 / 12:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning everybody and welcome to the Queroquero earnings results call for the first quarter 25. Along with us we have Peter Furukawa, the CEO, and Jean Paulo de Melo, the CFO and IRO.

We are going to begin the presentation. Speaking about our pillars, we will speak about the expansion and projects, the first quarter results, and finally, we will go on to the Q&A session. I will now turn the floor over to Peter Furukawa, the CEO.

Good morning, everybody. It is a pleasure to be able to address you once again.

Let's speak about the first quarter, as you can see here, we had a growth of 14% in terms of revenue in the first quarter, reaching 765 million. The retail sale had a

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.