Financial

Grupo SBF Q2 operating income dips despite revenue growth

By 2023-08-08T15:01:00

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Grupo SBF, the operator of Brazil’s top sporting goods chain in Centauro, said its Q2 results were negatively impacted by “still high inventory levels” in its Fisia business, where an aggressive markdown strategy wiped out the gross margin gains generated by its DTC segment. Second quarter adjusted Ebitda slipped by ...

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