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Article Date: May 2025
Word Count: 243

Grupo SBF’s Centauro Soars, but Nike Slips


The Brazilian retailer and distributor’s net income jumped 78% to BRL 67,315,000 ($11.4 mm) over BRL 37,888,000 for the first quarter, on revenue that was up 4% to BRL 1,554,359,000 ($264.2 mm) from BRL 1,495,219,000. Centauro retail sales grew 11% to BRL 821.4 million, with blended comps up 13.2%. Physical stores increased 8% to 644.0 million with +10.9% comps, on green arrows across items-per-order, traffic, and conversion. Digital sales expanded 25% to BRL 177.4 million, comping up 20.4%, on expanded assortment in the 1P channel and boosted performance marketing. The channel’s ... Log in to view full article.

 


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