SÃO PAULO – November 06, 2026 -- Assaí posted adjusted recurring net income of R$ 248 million in the third quarter of 2026, up 55.2% from 3Q25, while cutting leverage to 2.15x from 3.03x a year earlier.
Accounting net income totaled R$ 427 million, up 119%, helped by R$ 179 million in extemporaneous PIS/COFINS tax credits. Customer traffic rose 2.1% to more than 40 million customers per month, despite household indebtedness.
Gross revenue reaches R$ 21.3 billion as margin widens to 17.2%
Gross revenue grew 2.7% to R$ 21.3 billion. Gross margin rose 0.45 percentage point to 17.2%. Expenses increased 4.2%, below Brazil's 4.4% IPCA inflation rate.
Adjusted EBITDA totaled R$ 1.1 billion at a stable 5.7% margin. Operating cash flow reached R$ 3.3 billion over 12 months. Lower debt costs and a 61% drop in the cost of receivables discounting cut net financial expenses by 8.8%.
CEO Belmiro Gomes said the quarter delivered "top-line growth, stable market share, preserved profitability, and leverage reduction."
Assaí Farma opens 11 São Paulo pharmacies since July, targets 25 by December
All 11 pharmacy units were opened between July and November. The company also launched its own e-commerce within the Meu Assaí app, with in-store pickup, and expanded dietary supplements to 300 stores.
Private label reaches 140 SKUs, with 250 targeted by year-end
Assaí launched more than 30 private-label items during the quarter. The range now spans the Assaí, Assaí Chef, Econobom and new Assaí Bloom brands.
Last-mile sales jump 204% across 104 stores
Assaí acquired 18 gas stations in São Paulo to open a convenience format. Operations are scheduled to begin in August 2027.