Net income contracted 6% to BRL 158,820,000 ($30.2 mm) from BRL 169,220,000 for the fourth quarter as revenue increased 11% to BRL 1,008,606,000 ($191.6 mm) from BRL 905,719,000. Sales in the domestic Brazilian market grew 12% to BRL 977.7 million, up from last year’s +14% result across brands and categories. Foreign market sales were up 8% to BRL 30.9 million as the long-impaired export markets lapped late 2024’s green shoots. The e-commerce channel improved 4% to BRL 147.8 million, sacrificing revenue to protect margins and push full-price selling in a highly ... Log in to view full article.