Business · Companies · 10 hrs ago
Grupo SBF’s adjusted profit falls 44.6% in third quarter
Brazilian retailer Grupo SBF reported lower adjusted profit for the third quarter.
Adjusted net profit was 53.6 million reais, down 44.6% from the same period a year earlier.
The company also recorded an accounting loss of 17.5 million reais, compared with a profit of 85.9 million reais a year earlier.
One-off tax-related effects affected the accounting result, after a compensation involving social security contributions and tax credits had boosted the earlier result.
Adjusted operating earnings were 225.5 million reais, 9.1% lower year on year, while net revenue rose 5.1% to 2.04 billion reais.
Centauro’s same-store sales growth slowed, rising 6.8% including online sales, compared with 14.8% a year earlier.
Grupo SBF also said sales growth at its Fisia operation was 7.4%, versus a decline of 1.6% a year earlier.
Grupo SBF reported adjusted net profit of R$53.6 million in the third quarter, down 44.6% from a year earlier.
The company posted an accounting loss of R$17.5 million, compared with a profit of R$85.9 million in 2025.
Adjusted EBITDA was R$225.5 million, 9.1% lower than a year earlier.
Net revenue rose 5.1% year on year to R$2.04 billion.
Centauro’s same-store sales, including online operations, increased 6.8%, while Fisia’s rose 7.4%.
- Who
- Grupo SBF.
- What
- Adjusted net profit fell 44.6% to R$53.6 million in the third quarter.
- When
- The results were published on Monday, November 9, 2026.
- Where
- Not stated.
- Why
- The sources do not state why adjusted profit fell. The accounting loss was attributed to non-recurring effects linked to offsetting INSS with PIS/Cofins credits.
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- Adjusted net profit
- R$53.6 million, down 44.6% year on year
- Accounting result
- Loss of R$17.5 million, versus profit of R$85.9 million in 2025
- Adjusted EBITDA
- R$225.5 million, down 9.1% year on year
- Net revenue
- R$2.04 billion, up 5.1% year on year
- Centauro same-store sales
- Up 6.8%, including online operations