On Thursday, August 6, 2026, Lojas Renner (LREN3) reported net income of R$ 404.6 million in the second quarter of 2026, stable compared to 2Q25. In the period, retail net revenue was R$ 3,689.2 million, up 1.1% year over year, while retail EBITDA (earnings before interest, taxes, depreciation and amortization) came to R$ 791.2 million, an increase of 2.3%, with a margin of 21.4%.
In the consolidated results from January to June 2026, net income reached R$ 661.9 million, growth of 5.8% compared to the first half of 2025, with a net margin of 10.1%. Retail net revenue for the half year was R$ 6,565.2 million, up 2.5%, and retail EBITDA totaled R$ 1,278.7 million, an increase of 9.5% over the same period of the previous year.
The operating performance in 2Q26 featured a retail gross margin of 57.5%, 0.4 percentage point above 2Q25, and an apparel gross margin of 58.7%, an increase of 0.3 percentage point. Retail operating expenses rose 1.5% to R$ 1,341.2 million, and adjusted total EBITDA was R$ 844.6 million, a decline of 5.3%, with a margin of 22.9%.
In the Realize financial operation, the financial services result was R$ 53.5 million in 2Q26, a drop of 54.9% compared to the reported 2Q25, in a context of a total credit portfolio of R$ 6,650.4 million and a selective granting policy. Free cash flow generation in the quarter was R$ 135.1 million, and the company ended June with cash and investments of R$ 1.917 billion and a net cash position of R$ 1,159.2 billion.
Renner also reported that ROIC (Return on Invested Capital, calculated as operating profit after taxes divided by invested capital) for the last 12 months reached 15.1%, 1 percentage point above the level seen a year earlier, and revised its 2026 net revenue growth guidance from a range of 9% to 13% to a range of 4% to 8%. The company maintained its projection for 2027 to 2030 of annual net revenue growth between 9% and 13%.
