PORTO ALEGRE, Brazil, Feb. 20, 2025 /PRNewswire/ -- Lojas Renner S.A. (B3: LREN3), the largest fashion retailer in Brazil, announces its results for the fourth quarter and full year 2024 (4Q24 and 2024). All comparisons are made to the same period of the previous year, unless otherwise indicated.

Highlights

4Q (+9.7%) and FY (+8.2%) sales growth exceeded the market average, driven by increases in both pieces sold and transactions~9% increase in 2024 and 4Q sales per m² due increased productivitySignificant growth in Digital GMV in 4Q and year, with higher profitabilityWell-calibrated and renewed inventories decreased average inventory days (4Q: -5 days / FY: -9 days)Disciplined expense containment resulted in 0.8p.p. dilution in the 4Q and 1.3p.p. for the yearImportant evolution of Realize: R$ 168 MM in results for the year with decreased portfolio riskRobust cash position of R$2.8 bi and net cash of R$1.8 biStrong operational performance, with record FCF generation of R$ 613 MM for the 4Q and R$ 1.5 bi for the yearImproved NPS across all business units and channels20 MM active customers in the ecosystemBuyback Program approved, of up to 75 million shares, ~7% of the free float, equivalent to approximately R$ 1 billion at the current price (subsequent event).