Lojas Quero-Quero SA (BSP:LJQQ3)
R$ 1.14 -0.050 (-4.2%) Market Cap: 235.89 Mil Enterprise Value: 536.78 Mil PE Ratio: 0 PB Ratio: 0.69 GF Score: 68/100

Q1 2026 Lojas Quero-Quero SA Earnings Call Transcript

May 8, 2026 / 12:00 PM GMT
Release Date Price: R$1.54 (-21.03%)

Key Points

Positve
  • Lojas Quero-Quero SA (BSP:LJQQ3) reported a 3% increase in total gross revenue for Q1 2026, reaching 790 million BRL.
  • The company maintained strong portfolio quality with overdue balances in the Verde Card portfolio at 11.8%, while the credit portfolio grew 14% compared to Q1 2025.
  • Digital initiatives accounted for 23% of total sales in the quarter, indicating a successful integration of digital sales channels.
  • The company achieved a nominal reduction in administrative expenses by 1.4%, showcasing effective cost control measures.
  • Lojas Quero-Quero SA (BSP:LJQQ3) opened two new stores during the quarter, expanding its presence to 574 stores across 493 cities.
Negative
  • Same-store sales declined by 0.5% in Q1 2026, reflecting a challenging consumer environment and high interest rates.
  • Retail revenue dropped by 1% compared to Q1 2025, impacted by a strong comparison base and seasonal factors.
  • The company faced pressure on financial service margins due to increased capital costs and high delinquency rates.
  • Adjusted EBITDA decreased compared to Q1 2025, indicating a decline in profitability.
  • Lojas Quero-Quero SA (BSP:LJQQ3) selectively closed 14 stores as part of its active store portfolio management strategy.


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

LJQQ3.SA - Lojas Quero-Quero SA
Q1 2026 Lojas Quero-Quero SA Earnings Call
May 08, 2026 / 12:00PM GMT

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Presentation
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Unidentified_1 [1]
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I am an Investor Relations Manager and joining me today are Peter Furukawa, CEO and John Mellos, CFO and Investor Relations Officer.

To begin the presentation, we will see our agenda on slide 3.

On today's agenda, we will first present our strategic pillars, followed by expansion and projects.

We will then discuss the results for the first quarter of 2026. And finally, we will move on to the Q&A session.

To submit questions, we will be using the Zoom's Q&A button. We will now move to slide 4, and I would like to turn it over to Peter.

Good morning, everyone. It's a pleasure to be here with you to share the main results for Q1 of 2026.

We began 2026 still facing
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