Grupo Mateus S.A. (GMAT3) Earnings Call Transcripts
Grupo Mateus S.A.'s Latest Earnings Call - Q1 FY2026
In the first quarter of 2026, Grupo Mateus S.A. reported a gross revenue of BRL 2.7 billion, reflecting a 13% year-over-year growth, but faced challenges with same-store sales declining by 7.3%. The company emphasized a strategic shift towards enhancing operational efficiency amidst a challenging macroeconomic environment, which included deflationary pressures on commodity prices. Management maintained a cautious outlook, focusing on profitability and operational adjustments, signaling that while the current quarter faced headwinds, they believe in long-term recovery and efficiency gains.
Reported metrics
| Metric | Value |
|---|---|
| Gross Revenue | BRL 2.7 billion (beat) |
| Same-Store Sales | -7.3% (miss) |
| Gross Margin | 24% (beat) |
| Operational Expenses | BRL 1.6 billion (inline) |
| Net Profit | BRL 213 million (miss) |
| EBITDA Margin | 5.8% (miss) |
Guidance from management
Management is focused on enhancing operational efficiency and balancing sales with margins. They indicated that while the current market is challenging, they expect improvements in the mid- to long-term outlook.
What analysts pressed on
Analysts expressed concerns over the significant decline in same-store sales and the impact of macroeconomic pressures on consumer spending. There were questions regarding the sustainability of the current operational efficiency measures and the potential for further employee reductions.
Main topics on the call
- Revenue Growth — Grupo Mateus achieved gross revenue of BRL 2.7 billion, a 13% increase compared to the previous year. This growth was attributed to the consolidation with Novo Atacarejo, which contributed BRL 1.3 billion to the revenue....
- Same-Store Sales Decline — Same-store sales decreased by 7.3%, attributed to macroeconomic pressures and a strategic shift away from telesales. Management noted that "the market has been slowing down a lot in Brazil and in the Northeast as well," ...
- Focus on Efficiency — Management highlighted a renewed focus on operational efficiency, stating, "our main focus for this year is the efficiency." This includes assessing all business units and logistics to enhance profitability.
- Gross Margin Improvement — Gross margin improved by 0.70% compared to the same period last year, reaching 24%. Management emphasized the importance of profitability, stating, "the focus on profitability was very important in all of the different s...
Read the full Grupo Mateus S.A. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Grupo Mateus S.A.
Grupo Mateus S.A. (GMAT3) is a publicly listed company in the Consumer Staples Distribution and Retail industry, within the Consumer Staples sector. It trades on BOVESPA and is based in BR. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 4 calls on record spanning February 25, 2025 to May 15, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 4 Grupo Mateus S.A. earnings call transcripts on record, spanning February 25, 2025 to May 15, 2026. Based on this history, Grupo Mateus S.A. reports semi-annually. The most recent call on file is dated May 15, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- GMAT3
- Exchange
- BOVESPA
- Country
- BR
- Sector
- Consumer Staples
- Calls on record
- 4
- First call
- February 25, 2025
- Most recent
- May 15, 2026
- Reporting cadence
- semi-annually
| Quarter | Date | |
|---|---|---|
| Q1 FY2026 | May 15, 2026 | Read transcript → |
| Q4 FY2025 | Mar 19, 2026 | Read transcript → |
| Q1 FY2025 | May 6, 2025 | Read transcript → |
| Q4 FY2024 | Feb 25, 2025 | Read transcript → |