Q3 2025 Companhia Brasileira de Distribuicao SA Earnings Call (English, Portuguese) Transcript

Nov 5, 2025 / 12:00 PM GMT

Release Date Price: $0.6421 (-2.71%)

Transcript

Key Points

Positve

Companhia Brasileira De Distribuicao (CBDBY) reported a 2.2% increase in total sales, reaching 4.9 billion, with same-store sales growing by 4.1%.
E-commerce sales grew by 9.8%, totaling 2.4 billion over the last 12 months, with digital channels accounting for 13.1% of total sales.
The company achieved a pre-IFRS 16 EBITDA margin of 10.3%, indicating strong profitability in a challenging environment.
Companhia Brasileira De Distribuicao (CBDBY) recorded a net profit from continuing operations of 145 million, reversing previous losses.
The company has identified significant opportunities for cost reduction, including a planned reduction of 450 million in expenses and 300-350 million in CapEx for 2026.

Negative

High interest rates and selective consumption continue to pose challenges in the retail sector.
Net financial costs increased by 194 million compared to the previous year, mainly due to higher interest rates and net debt levels.
Pre-IFRS 16 financial leverage increased to 3.1 times, up from 2.9 times in the same period last year.
The company faces significant federal contingencies, with nearly 70% of these amounts representing fines and interest.
The competitive retail environment remains intense, impacting consumer behavior and pricing strategies.

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

PCAR3.SA - Companhia Brasileira de Distribuicao SA
Q3 2025 Companhia Brasileira de Distribuicao SA Earnings Call (English, Portuguese)
Nov 05, 2025 / 12:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning, everyone.

Thank you for standing by and welcome to the earnings conference call to discuss the results of the 3rd quarter of 2025.

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Unidentified_2 [2]
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With growth margin at a solid level and discipline in controlling expenses, we achieved results that reflect a highly committed effort and a clear focus on efficiency and profitability. These advances are even more relevant when we look at the current macroeconomic outlook, which remains very challenging.

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