Wholesale retailer Assaí released Q1 2026 results on Monday. The company posted net profit of R$ 86 million, down 46.7% compared to the same period in 2025. Net revenue was R$ 18.64 billion, essentially flat.
Assaí is a cash-and-carry retail chain that primarily serves lower-income families from social classes C, D and E. In the first quarter of 2026, the company faced adverse conditions due to simultaneous deflation in essential products like rice, beans and sugar, which fell an average of 12%, combined with record levels of household debt.
Assaí posted net profit of R$ 86 million in Q1, down 46.7% compared to the previous year
Adjusted Ebitda was R$ 1.025 billion, essentially flat compared to Q1 of last year
Net revenue was R$ 18.64 billion, essentially flat compared to the first three months of 2025
Analysts expected Ebitda of R$ 1.39 billion and net revenue of R$ 18.95 billion
Including PIS/Cofins credits, net profit was R$ 367 million
Covered by only some sources, or where the accounts diverge.
Covered by only some sources (1)
Company said the quarter was marked by adverse factors, including deflation in essential commodities and household debt levels
No gaps declared — all sources converge on the material facts.