C&A Modas SA
BOVESPA:CEAB3
C&A Modas SA
C&A Modas SA engages in the retail sale of clothing in physical stores and electronic market. The company is headquartered in Barueri, Sao Paulo. The company went IPO on 2019-10-25. The firm sells a variety of products, such as apparel, accessories and footwear for men, women and children; cosmetics for both man and woman; electronic devices, including smartphones, notebooks, tablets and related accessories, among others. Its offering includes also products from different brands that customer can buy also through a mobile application.
C&A Modas SA engages in the retail sale of clothing in physical stores and electronic market. The company is headquartered in Barueri, Sao Paulo. The company went IPO on 2019-10-25. The firm sells a variety of products, such as apparel, accessories and footwear for men, women and children; cosmetics for both man and woman; electronic devices, including smartphones, notebooks, tablets and related accessories, among others. Its offering includes also products from different brands that customer can buy also through a mobile application.
Apparel Growth: Apparel net revenue rose 8.9% in Q3, with same-store sales up 8.1%.
Margin Expansion: Merchandise gross margin increased by 1.9 percentage points to 54.6%, with apparel gross margin up 0.3 points and electronics/beauty margin up 13.3 points.
Net Income Surge: Adjusted net income jumped 41.7% year-over-year to BRL 73.6 million.
Cash Generation: Cash generated in the quarter reached nearly BRL 243 million, improving the cash conversion cycle by 9 days and reducing net debt to 0.1x EBITDA.
Beauty Category Momentum: Beauty revenue grew over 50% for the sixth consecutive quarter, with expanding margins driven by product mix and focus on makeup.
C&A Pay Performance: C&A Pay accounted for 28.8% of sales, up 3.5 points, while NPL 90 delinquency fell to 16.4%.
Energia Strategy Progress: Company has achieved ~60% of its targeted impact from Energia initiatives, including new store models and category expansion.
Outlook: Management remains optimistic for Q4 despite macro and weather uncertainties, citing strong inventory and continued strategic execution.
