Assaí 3Q26 Recurring Profit Jumps 55% as Leverage Falls to 2.15x
SÃO PAULO – November 06, 2026 -- Assaí posted adjusted recurring net income of R$ 248 million in the third quarter of 2026, up 55.2% from 3Q25, while cutting leverage to 2.15x from 3.03x a year earlier.
Accounting net income totaled R$ 427 million, up 119%, helped by R$ 179 million in extemporaneous PIS/COFINS tax credits. Customer traffic rose 2.1% to more than 40 million customers per month, despite household indebtedness.
Gross revenue reaches R$ 21.3 billion as margin widens to 17.2%
Gross revenue grew 2.7% to R$ 21.3 billion. Gross margin rose 0.45 percentage point to 17.2%. Expenses increased 4.2%, below Brazil's 4.4% IPCA inflation rate.
Adjusted EBITDA totaled R$ 1.1 billion at a stable 5.7% margin. Operating cash flow reached R$ 3.3 billion over 12 months. Lower debt costs and a 61% drop in the cost of receivables discounting cut net financial expenses by 8.8%.