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Brazil Finance Ministry dismisses systemic risk following Casas Bahia restructuring
Valor Econômico·BR·3 days ago
Petz Cobasi's board chairman announced a revenue target of R$ 8 billion by 2026, despite ongoing challenges from high interest rates, import competition, and consumer spending shifts toward online betting. The statement highlights the company's growth strategy while acknowledging the macroeconomic pressures currently impacting the Brazilian retail sector.