Magalu October Sales Surge: Physical +16%, Online +14%, Profit R$13.9M
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Brazilian retailer Americanas swung to a R$352 million net loss in Q3 2026, reversing a year-earlier profit, despite a 10% rise in net revenue to R$2.97 billion. The loss follows asset sales and store closures under its recovery plan, signaling ongoing restructuring costs. The result underscores persistent financial strain as the company works through its judicial recovery.
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