Grupo Mateus (GMAT3) receives AAA (bra) rating from Fitch

Grupo Mateus (GMAT3) reported that, in 2026, the credit rating agency Fitch Ratings reaffirmed the company’s National Long-Term Rating at AAA (bra), with a Stable outlook.

According to an excerpt from the report cited in the release, the rating takes into account Grupo Mateus’s position in the Brazilian food retail sector, its growing scale, geographic and format diversification, and its financial profile, which Fitch considers conservative.