Brazilian Retailers Adapt Operations Ahead of 6x1 Work Schedule Phase-Out
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Brazilian luxury retail and real estate group JHSF reported a record third-quarter net profit of R$392 million, with gross revenue up 63% to R$918 million and EBITDA up 79% to R$470 million. The strong results reflect robust demand in high-end segments, but sustainability depends on consumer confidence and interest rates. This is a company-specific earnings beat, not a broad market signal.
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