Lojas RennerBSP:LREN3 +3.10%92 Gross Margin % is 63.21% as of Mar. 2026, which is 5% above its 10-year median of 60.34. GuruFocus rates BSP:LREN3 with a GF Score™ of 92/100 and a GF Value™ of R$17.25 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,113 Retail - Cyclical companies, Lojas Renner ranks better than 88.23% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Lojas Renner had a gross margin of 63.21% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Lojas Renner Gross Margin % Related Terms
Lojas Renner Gross Margin % Historical Data
* Premium members only.
The historical data trend for Lojas Renner's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Department Stores subindustry, Lojas Renner's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lojas Renner Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Lojas Renner's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Lojas Renner's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Lojas Renner (BSP:LREN3) has a Gross Margin % of 63.21% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Lojas Renner and its competitors. This is near median its historical median of 60.34. Over the past decade, Lojas Renner's Gross Margin % has ranged from 57.23 to 61.95. According to the industry distribution chart, Lojas Renner ranks #131 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 11.8%.
Is Lojas Renner's Gross Margin % too high?
Lojas Renner's current Gross Margin % of 63.21% is near median its 10-year median of 60.34. Over the past 10 years, this metric has ranged from a low of 57.23 to a high of 61.95. The Retail - Cyclical industry median Gross Margin % is 36.26. Lojas Renner's value of 63.21% is 74.3% above this industry median. Based on the distribution chart, Lojas Renner ranks #131 out of 1113 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Lojas Renner has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lojas Renner's Gross Margin % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Lojas Renner ranks #131 out of 1113 companies for Gross Margin %. This places Lojas Renner in the top 12% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.26. Lojas Renner's value of 63.21% is 74.3% above this benchmark. Historically, Lojas Renner's own Gross Margin % has ranged from 57.23 to 61.95 over the past decade. While the company's 10-year median is 60.34 vs. the industry median of 36.26, Lojas Renner has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.26, based on 1,113 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lojas Renner's current Gross Margin % of 63.21% is 74.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Lojas Renner and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lojas Renner's current Gross Margin % is 63.21%, which is near median its own 10-year median of 60.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lojas Renner stock overvalued right now?
Based on GuruFocus' analysis, Lojas Renner (BSP:LREN3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$17.25, compared to a current price of R$14.97 — trading 13.2% below its estimated fair value. The current Gross Margin % is 63.21%, which is near median its 10-year median of 60.34 and 74.3% above the Retail - Cyclical industry median of 36.26. Lojas Renner's overall GF Score™ is 92/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Lojas Renner (BSP:LREN3), the current Gross Margin % is 63.21% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lojas Renner (BSP:LREN3) Overvalued in 2026?
Based on GuruFocus' analysis, Lojas Renner stock appears to be undervalued.
The current stock price of R$14.97 is trading 13.2% below its estimated GF Value™ of R$17.25.
GuruFocus considers Lojas Renner to be Modestly Undervalued.
Key valuation signals for BSP:LREN3:
Gross Margin %: 63.21% (near median its 10-year median of 60.34)
GF Value™: R$17.25 vs. price of R$14.97 (13.2% below fair value)
Industry Position: 74.3% above the Retail - Cyclical median (#131 of 1113)
No single metric tells the full story. See the BSP:LREN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lojas Renner SA is an omnichannel fashion retailer in Brazil, bringing together the Renner, Camicado, Youcom, Realize, and Repassa brands in a fashion and lifestyle ecosystem that connects customers through digital channels and physical stores distributed across Brazil, Argentina, and Uruguay. It operates in two segments namely Retail engaged in trade of clothing, perfumery, cosmetics, watches and home & decoration, urban deliveries and logistics management solutions covering the operations of Renner, Camicado, Youcom, Repassa, Uello and operations in Uruguay and Argentina; and Financial products engaged in granting of individual and corporate loans, financing of purchases, insurance and the practice of receivables and payables inherent to credit, financing and investment companies.
92GF Score
Get the complete analysis for BSP:LREN3
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:LREN3 has been successfully added to your 
