From CNN Brasil · Da CNN Brasil · · 1m
C&A CEO: New Share Repurchases Depend on Market
C&A's CEO says new share repurchases will depend on market conditions after third-quarter profit beat.
In brief
C&A's CEO says new share repurchases will depend on market conditions after third-quarter profit beat. C&A's CEO states new share repurchase programs will depend on market conditions, share prices, and investment opportunities following a third-quarter profit beat. Originally reported by CNN Brasil.
C&A reports third-quarter profit
C&A reported adjusted net profit of R$ 56.5 million for the third quarter of 2026, a 23% drop from the same period in 2025.
Profit beats analyst estimates
The profit exceeded analysts' expectations and boosted the company's stock price.
CEO: New share repurchases depend on market
CEO Paulo Correia stated that potential new share repurchase programs will depend on financial market conditions.
Consolidated profit rises 145%
C&A's consolidated profit reached R$ 170.3 million for the quarter, a 145% increase from R$ 69.5 million in the third quarter of 2025.
Revenue growth and margin expansion
Clothing revenue grew 2.6% to R$ 1.7 billion, while consolidated revenue reached R$ 1.88 billion. Gross margin expanded 0.6 percentage points to 21 consecutive quarters of growth.
What it means
C&A's CEO states new share repurchase programs will depend on market conditions, share prices, and investment opportunities following a third-quarter profit beat.
