)
C&A Modas (CEAB3) investor relations material
C&A Modas Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Apparel net revenue grew 8.9% year-over-year, with same-store sales up 8.1% and merchandise gross margin expanding by 1.9 percentage points to 54.6%.
Beauty category net revenue surged 50.9% year-over-year, while electronics revenue declined due to the phase-out of telephony and smartphone divestment.
Adjusted net income rose 41.7% to BRL 73.6 million, with margin expansion of 1.1 percentage points.
Free cash flow reached nearly BRL 243 million, with a 9-day improvement in the cash conversion cycle and net debt-to-EBITDA ratio reduced to 0.1x.
ROIC reached 21.7% for the quarter, reflecting strong operational execution.
Financial highlights
Merchandise gross margin improved by 1.9 percentage points year-over-year, with apparel gross margin up 0.3 percentage points.
Adjusted retail EBITDA margin (pre-IFRS 16) was 10.9%, up 0.9 percentage points year-over-year.
Net debt/EBITDA dropped to 0.1x, with net debt down 89.6% and cash position near BRL 1 billion.
Capex reached BRL 146 million, up nearly 80% year-over-year, mainly for store renovations, logistics, and Energia projects.
Consolidated net revenue reached R$1,840.9 million, up 2.3% year-over-year.
Outlook and guidance
Q4 is expected to benefit from fresh inventories and agile assortment, with optimism for year-end sales despite macroeconomic uncertainties.
Continued rollout of the Energia store model, with initial results exceeding expectations and two more stores underway.
Ongoing investments in technology, logistics, and store renovations, with 81.7% of CAPEX allocated to Energia initiatives.
Focus on dynamic assortment, CRM, and AI-powered features for digital channels in 2025.
No specific guidance provided, but management remains positive about continued growth in beauty and omni-channel initiatives.
Next C&A Modas earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)