Q1 2024 Corporate Earnings in Brazil: Highlights and Challenges
In the first quarter of 2024, Brazil’s corporate sector demonstrated diverse financial performances across many industries, underscoring the economy’s complexity and vitality. Riachuelo Guararapes, which owns the fashion retailer Riachuelo, reported a net loss of R$ 116.9 million ($22.9 million). This represented a 33.4% improvement from the same period last year. The company still increased […]