In 2025, retail net revenue increased by 9.2 per cent year-over-year with SSS growth of 8.1 per cent and a gross margin of 56.1 per cent (+0.7 p.p.). Apparel net revenue increased by 10.2 per cent year-over-year, with SSS growth of 8.9 per cent, and gross margin of 57.4 per cent (+0.7 p.p.). Digital GMV increased by 12.3 per cent, reaching a penetration of 15.5 per cent.
Lojas Renner reported strong FY25 results.
In Q4, apparel net revenue rose 5.1 per cent with 4.0 per cent same-store sales (SSS) growth and a 57.9 per cent gross margin.
For 2025, retail net revenue grew 9.2 per cent and apparel revenue 10.2 per cent, while digital GMV increased 12.3 per cent.
The company opened 34 stores and plans 50–60 new stores in 2026.
“Throughout 2025, we made steady progress in capturing the potential of our business model. We demonstrated our ability to deliver improvements across all key metrics to which we have committed for the 2026–2030 cycle. Retail net revenue grew in line with the annual guidance that will take effect from 2026. At the same time, we expanded gross margin, diluted expenses, increased ROIC, and delivered robust cash generation,” said Fabio Faccio, CEO of Lojas Renner.
“Retail net revenue advanced 9.2 per cent, reflecting meaningful market share gains and further strengthening our leadership in the Brazilian apparel retail sector. This performance is the result of a disciplined growth strategy focused on expansion into new cities, increased digital penetration, and continued productivity gains, mainly from trend capture initiatives and effective inventory allocation. Sales per square metre, approximately 45 per cent above direct competitors, continued to improve, demonstrating the efficiency of our omni-channel model. These achievements position us to meet our annual Retail net revenue growth target of 9 per cent to 13 per cent for the 2026–2030 period,” explained Faccio.
“During the year, we opened 34 new stores, including 23 in the fourth quarter, expanding our physical presence in underpenetrated markets and scaling proven, higher-return formats under the Renner brand. These initiatives increased engagement and contributed to the growth of our active customer base and NPS. For 2026, we plan to open 50 to 60 stores: 22 to 30 under the Renner brand, 23 to 25 Youcom stores, and approximately 5 Camicado stores,” Faccio added.
Fibre2Fashion News Desk (RR)
