Americanas registers increase of 13% of sale per square meter of stores in 2025 and protocola exit of the Judicial Recovery

Americanas today released the 2025 financial balance sheet with a significant improvement in financial and operational indicators and sales performance above inflation. In the consolidated of the previous year, the company recorded a growth of 7.8% in gross sales in the “mesmas stores” index, which showed a growth of 13% in gross revenue per m² compared to the previous year. The results presented are in line with the new value proposition of the company, which has the physical store as the protagonist and the digital as a complement to the omnichannel journey for a complete shopping experience.

The former IFRS Adjusted Ebitda 16, which excludes expenses and events related to judicial reorganization and fraud investigations and includes rent payments, was R$ 277 million. The improvement in the indicator is R$ 169 million year on year and reflects the disciplined execution of initiatives for business reconstruction. Operational maturity is also reflected in SG&A expenses in 2025, which, excluding depreciation and amortization, totaled R$ 748 million, a reduction of 18,1% in relation to the previous year.

Net Result shows improvement of R$ 280 million

Americanas ended 2025 with a net positive continued operations result of R$ 98 million, an improvement of R$ 280 million. It is important to note that this financial result is not comparable to the positive R$ 8.6 billion of 2024, since the previous year benefited from the haircuts creditors with novation of debt in the context of the execution of the judicial recovery plan; by excluding such effect related to haircuts, the loss recorded in 2024 was negative R$ 182 million.

Specifically analyzing the fourth quarter of 2025, Americanas recorded a net profit from continuing operations (excluding the operations of Hortifruti Natural da Terra and Grupo Uni.co, in the process of sale by the company) of R$ 206 million, against a loss of R$ 385 million in the same period of 2024 and ends the period with Net Cash (more cash than debt brought to present value -, of the combination of solid capital structure and efficiency, with a reduction in operating cash consumption.
 

Centenary and strategic plan by 2029
 

With its financial and operational base restructured, Americanas enters a new three-year strategic cycle until 2029, in a dual agenda dedicated to deepening consumer knowledge, starting from a average flow of visits from more than 95 million people in Americanas stores, website and app. The first pillar, of Performance, Focuses on accelerating results with operational excellence and evolving the customer experience through a commercial strategy aligned with pricing, the reformulated relationship with suppliers, improved service and modernization of stores.

The second agenda, of Transformation, seeks a significant change in the shopping experience in categories aligned with consumer expectation, expanding the connection through the loyalty program “Cliente a” Today, the retailer already has more than 40% of purchases identified in stores, presenting a higher average spending of the loyal customer and a recurrence two and a half times higher. “We are definitely living a new phase in 2026, completing a cycle of 3 years of intense restructuring on all business fronts and preparing the company to grow” again, comments Fernando Soares, CEO of Americanas.

Exit Judicial Recovery

The conclusion of the cycle mentioned by the executive coincides with the request for the closure of the Judicial Recovery process with the 4th Business Court of the District of Rio de Janeiro, filed on Wednesday, 25. The request was made just over two years after the approval of the Judicial Recovery Plan. The company fulfilled all the obligations provided for in the two years of supervision of the plan and has been restructuring financially and operationally since January 2023, after the discovery of the income fraud committed by the previous management.

“The departure of RJ releases our agenda. We leave the discussions that have already exhausted and we set out towards the future. We are ready to accelerate sustainable growth with great responsibility and optimism. There is no future without present, and this is what we are building together at Americanas”, concludes Fernando Soares.