Americanas SA (BSP:AMER3) Q1 2025 Earnings Call Highlights: Navigating Challenges with ...

GuruFocus News

Fri, May 16, 2025, 12:01 PM 3 min read

Release Date: May 15, 2025

For the implicit transcript of the net call, delight notation to the afloat net telephone transcript.

• Americanas SA (BSP:AMER3) reported a double-digit maturation successful same-store income for the archetypal 4 months of 2025, reflecting beardown operational performance.

• The institution successfully launched a caller recognition paper successful concern with Brazil Car, aiming to contented 1 cardinal cards wrong 12 months, enhancing lawsuit loyalty and revenue.

• Americanas SA (BSP:AMER3) achieved a 14.2% maturation successful gross same-store income successful the archetypal 4 months of 2025, driven by a beardown Easter performance.

• The institution has made important advancement successful outgo optimization, with a 10.9% simplification successful SG&A expenses compared to the aforesaid play past year.

• Americanas SA (BSP:AMER3) is focusing connected modernizing its exertion infrastructure, which is expected to amended the buying acquisition and operational efficiency.

• The fiscal results for Q1 2025 were negatively impacted by the timing mismatch of Easter, which occurred successful Q2 alternatively of Q1.

• Gross nett and gross borderline declined compared to the aforesaid play successful 2024, partially owed to bonzer events that benefited the erstwhile year's results.

• The institution is inactive undergoing judicial recovery, which imposes definite restrictions and challenges connected its operations.

• Americanas SA (BSP:AMER3) experienced a diminution successful the fig of units sold during Easter owed to higher cocoa prices and declining user purchasing power.

• The adjusted EBITDA for Q1 2025 was negative, reflecting the lack of Easter gross successful the 4th and bonzer effects from the erstwhile year.

• Warning! GuruFocus has detected 9 Warning Signs with BSP:AMER3.

Q: Using the aforesaid accommodation for revenue, including Easter, would EBITDA person been positive? A: (CFO, Camil Ferrias) It's challenging to cipher precisely, but if we set for Easter, EBITDA for Q1 2025 would person been importantly amended than Q1 2024. The quality of 150 cardinal BRL could person been compensated by the Easter event, which generated 1.2 cardinal BRL successful revenue. Thus, it's tenable to estimation that EBITDA could person been positive.

Q: What is Americanas' strategy to summation income beyond seasonality? A: (CEO, Leonardo Coelho) While seasonality is inherent to our business, we are focusing connected improving show some during and extracurricular of seasonal events. Initiatives similar the caller recognition paper and loyalty program, arsenic good arsenic expanding our merchandise assortment, purpose to heighten lawsuit engagement year-round. Our extremity is to simplify and amended the lawsuit acquisition continuously.