Guararapes stock: Riachuelo reports higher Q3 profit

Published on 11/10/2026 at 00:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Guararapes stock draws attention after Riachuelo reported stronger third-quarter earnings on November 9. Apparel sales also advanced.

Riachuelo reports third-quarter progress

Riachuelo reported stronger third-quarter earnings on November 9, 2026.
Apparel sales and comparable-store performance advanced despite volatile customer traffic and difficult macroeconomic conditions.
Management highlighted collection execution while investors await the scheduled earnings call on November 10.

Guararapes, BRGUARACNOR4, Illustration mit AI erstellt.

Riachuelo, the retail business formerly known as Guararapes, reported stronger third-quarter results on Monday, November 9, 2026. The company posted net income of BRL 84.9 million, while net revenue reached BRL 2.51 billion, according to Valor.

Profit growth masks comparison effects

Reported net income increased 15.4 percent from the prior-year quarter. The comparison includes Midway Mall, which Guararapes sold in December 2025; excluding that operation, net income growth was 61.3 percent.

Net revenue increased 2.2 percent year over year, or 3.5 percent excluding Midway Mall. Apparel revenue rose 8 percent to BRL 1.61 billion, while comparable-store apparel sales advanced 6.5 percent for a thirteenth consecutive quarter.

Retail execution remains central

Adjusted for Midway Mall, EBITDA increased 7.9 percent to BRL 405.4 million. The company said customer traffic was volatile during the quarter because of the FIFA World Cup in July, adverse weather and a challenging macroeconomic environment, while management pointed to stronger collection execution as support for sales conversion.

Net financial expense reached BRL 109.5 million, a deterioration of 23.3 percent year over year. Net debt stood at BRL 1.34 billion at the end of September, with leverage at 0.8 times EBITDA.

What investors watch next

Guararapes' investor-relations calendar lists the third-quarter earnings release for after market close on November 9 and an earnings call for Tuesday, November 10, at 8:00 a.m. New York time and 10:00 a.m. Brasilia time. The call is scheduled in Portuguese with simultaneous English translation, as stated on the company's investor-relations page.