Grupo Casas Bahia (BHIA3), which is in judicial reorganization, stated that its management has made no decision or resolution on closing stores, and that the 3Q26 financial information has not yet been completed. The clarifications respond to an official letter from the CVM (Brazil's Securities and Exchange Commission) dated November 9, 2026, which cited a November 6 article in Veja magazine titled "Casas Bahia sees revenue fall and prepares to close more stores."
The release of the 3Q26 results, scheduled for November 11, 2026, was postponed to December 10, 2026. The company states that the financial and operational data for the quarter, and especially for later periods, including October, are still being prepared, closed, reconciled and audited. According to the company, these figures have not been submitted to management or disclosed to the market.
The article cited by the CVM mentioned a 60% drop in October revenue compared with the same month in 2025 and preparations to close another 200 stores. The company did not confirm these figures in its response.
Regarding the stores, Casas Bahia says it continuously evaluates the profitability and performance of its physical network, with periodic feasibility and optimization studies, as part of its pursuit of efficiency in the judicial reorganization process. In the company's view, there is no decision that constitutes a material fact under CVM Resolution No. 44/21.
