Renner Stores has a profit below expectations in the 4th tri

Lojas Renner announced on Thursday (20) net profit of R $ 487.2 million in the fourth quarter, retreat from 7.5% year to year and below the average market expectation.

Analysts expected net income of R $ 630.6 million for the retail company in the last quarter of 2024, according to the average estimates compiled by LSEG.

The company’s adjusted EBITDA totaled R $ 1.025 billion in the period, up 1.7% on an annual base, but practically in line with the expected R $ 1.096 billion, according to LSEG data.