BusinessMember
Lojas Renner Q4 sales surge, but profits miss expectations
Lojas Renner, a leading Brazilian fashion retailer, reported a 9.7 percent surge in fourth-quarter sales, reaching 4.17 billion Brazilian real, and an 8.2 percent annual sales increase to 12.7 billion Brazilian real, driven by higher volume and transaction numbers. However, despite this revenue growth, quarterly net profit fell to 487.2 million...
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