Lojas Renner S.A. (LRENY)
Lojas Renner S.A. operates in the Department Stores industry of the Consumer Cyclical sector, headquartered in Porto Alegre, RS, BR. The stock last traded at $3.11, down 11.14% on the session, giving a market capitalisation of $3.15B. On trailing twelve-month figures it carries a trailing P/E of 15.81, a net margin of 7.2%. Its beta of 0.73 implies it has historically moved less than the broad market.
Lojas Renner S.A., along with its subsidiary companies, functions as a prominent fashion and lifestyle enterprise, with operations spanning Brazil, Uruguay, and Argentina. The company's business is structured around two primary divisions: Retail and Financial Products. Its retail offerings encompass a diverse array of merchandise, including apparel, athletic wear, footwear, accessories, fragrances, home appliances, bed and bath items, furniture, and decorative pieces. Lojas Renner manages a substantial retail footprint, comprising 392 Renner stores in Brazil, an additional 8 Renner stores also in Brazil, and 4 in Argentina. Furthermore, its portfolio includes 119 Camicado outlets, 104 Youcom locations, and 114 Ashua branches. Beyond its retail activities, the company also provides various financial services. These include cash advances, purchase financing options, insurance products, and personal loans. Founded in 1965, the firm's main office is situated in Porto Alegre, Brazil.
Lojas Renner S.A. is most often compared with the following Consumer Cyclical names: