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Lojas Renner Announces Fourth Quarter 2024 Earnings Results

  • Lojas Renner S.A. Reported fourth quarter 2024 sales growth of 9.7%, surpassing the market average.
  • The company achieved a record free cash flow generation of R$613 million in the fourth quarter and R$1.5 billion for the year.
  • Lojas Renner announced a buyback program of up to 75 million shares, equivalent to approximately R$1 billion.
  • The CEO emphasized a strong operational performance and the company's readiness for long-term growth despite expected market challenges in 2025.
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TBNweekly broke the news in on Thursday, February 20, 2025.
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