C&A Modas (CEAB3) reported, in its Energia strategic cycle through the LTM 2Q26 period, a 19% increase in total net revenue compared to 2023, according to a corporate presentation released this Wednesday, August 26, 2026. Over the same period, net apparel revenue grew 30.5%, with the company indicating it was the growth leader in fashion retail between 2023 and LTM 2Q26.
According to the material, the Energia program also boosted store productivity, with a 29.4% increase in net apparel revenue per square meter between 2023 and LTM 2Q26. Gross merchandise profit per square meter rose 34.7%, while the apparel gross margin increased by 1.5 percentage points in the period, marking 20 consecutive quarters of expansion in this margin.
The company highlights that between 2023 and LTM 2Q26, the gross merchandise margin grew 4.7 percentage points and adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) increased 76%. Over the same period, financial leverage fell from 1.5x to 0.2x, a movement associated with the Energia cycle, which generated about R$ 3 billion in cash, according to the presentation.
The document also reports other operational initiatives during the period, such as the renovation of around 1,900 product areas, growth of 35% to 45% in core apparel categories, an 80% expansion in complementary categories, and the launch of the C&A Pay payment method, which reached a 28% share of sales in LTM 2Q26.
