Business · Companies · 3 hrs ago
Marisa’s recurring loss narrows to R$60.9 million in third quarter
Brazilian fashion retailer Marisa reported a R$52.89 million net loss for July to September 2026, compared with a profit a year earlier.
That earlier result included large tax credits, so the recurring loss, excluding those effects, fell 35.8% to R$60.9 million.
Marisa’s sales revenue fell 2.1%, while sales at stores open for more than a year rose 1.1%.
Lower expenses and leaner stock helped improve operations, and recurring operating profit turned positive at R$10 million.
Higher financing costs still outweighed those gains, with the net financial result worsening to a loss of R$76.8 million.
Marisa’s equity fell from R$224.15 million at the end of 2025 to R$2.26 million at the end of September 2026, leaving little equity after the quarter’s losses.
Marisa reported a recurring loss of R$60.9 million in the third quarter of 2026, down 35.8% from R$94.85 million a year earlier.
The company’s net loss was R$52.89 million, compared with net income of R$5.83 million in the same quarter of 2025.
Recurring operating results turned positive, but net financial expenses of R$76.8 million weighed on the bottom line.
Net revenue fell 2.1% to R$325.79 million, while same-store sales rose 1.1%.
Marisa’s equity fell from R$224.15 million in December to R$2.26 million at the end of September.
- Who
- Marisa, a Brazilian fashion retailer.
- What
- It reported a recurring loss of R$60.9 million for the third quarter of 2026, narrower than a year earlier.
- When
- The quarter covered July to September 2026. The results were released on November 12, 2026.
- Where
- Brazil; the sources do not specify a city or region for the results.
- Why
- The recurring loss narrowed as costs and expenses fell, but financial costs continued to weigh on results.
This story does not have two clearly opposing sides.
Marisa said the World Cup drew customers away from its stores.
Father’s Day campaigns helped same-store sales grow 7%.
Same-store sales rose 4%, supported by the summer collection and the start of Children’s Day campaigns.
Marisa released its third-quarter results.
- Recurring loss
- R$60.9 million
- Net loss
- R$52.89 million
- Net revenue
- R$325.79 million, down 2.1%
- Same-store sales
- R$306.34 million, up 1.1%
- Recurring consolidated EBITDA
- R$44.54 million, up 27.1%
- Net financial result
- Negative R$76.8 million