Preview - Please log in to view full article.

Article Date: March 2025
Word Count: 375

Grupo SBF Profits Soar in 2024


Net income in the fourth quarter at the Centauro and Nike Fisia parent company increased 6% to BRL 135,296,000 ($23.5 mm) from BRL 127,181,000 on a 2% gain in revenue to BRL 2,172,270,000 ($376.6 mm) from BRL 2,130,140,000. Centauro sales grew 3% to BRL 1,105.1 million, with blended comps up 6.6%. More profit-accretive promotions pushed items per order up 7% against the prior year’s heavy markdowns. Sales in physical stores dipped 1% to BRL 860.0 million, comping up 2.2%, while digital sales ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.