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Sendas Distribuidora (ASAI)
NYSE:ASAI
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Earnings Data
Report Date
Feb 24, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.21Last Year’s EPS
$0.21Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2024
|% Change Since: -27.29%
|Next Earnings Date:Feb 24, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with significant revenue growth, reduction in net debt, and record EBITDA. However, challenges remain due to higher interest rates and competitive pressures affecting same-store sales and B2B dynamics.Company Guidance
During the third quarter of 2024 earnings call for ASAI3.SA, the company's management highlighted a reduction in net debt by BRL 218 million, marking a significant turnaround in the debt cycle. They reported revenue exceeding BRL 20 billion, a 9.3% growth in the store base, and a milestone of 77.7 million tickets, an increase of 1.7 million compared to the same quarter last year. The EBITDA pre-IFRS surpassed BRL 1 billion, with a margin of 7.3% post-IFRS, while the profits before income tax rose by 83%. The net debt-to-EBITDA ratio improved to 3.52x, and the company aims to further reduce this to 2.6x by the end of 2025. Additionally, new store openings contributed to a net add of 8% in total sales area, with 21 new stores launched over the last 12 months. The focus remains on cash generation and leveraging ongoing projects to sustain growth, despite macroeconomic challenges.Reduction in Net Debt
The company reported a reduction in net debt by BRL 218 million, marking the start of a turnaround in its net debt cycle.
Significant Revenue Growth
Revenue sales exceeded BRL 20 billion, an increase of BRL 1.714 billion compared to the third quarter of the previous year, with a total store base growth of 9.3%.
Record EBITDA
EBITDA pre-IFRS surpassed BRL 1 billion, showing an evolution above sales and reaching a margin of 7.3%.
Expansion Milestone
Achieved 21 new store openings in the last 12 months, adding 8% to the total sales area, with plans to exceed 300 units by December 2024.
Improved Financial Results
Profits before income tax grew 83%, and net income in the pre-IFRS vision increased by 10%.
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ASAI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ASAI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 08, 2024 | $6.34 | $6.16 | -2.84% |
| Aug 08, 2024 | $9.36 | $9.31 | -0.53% |
| Apr 24, 2024 | $13.40 | $12.87 | -3.96% |
| Feb 21, 2024 | $14.36 | $14.93 | +3.97% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sendas Distribuidora (ASAI) report earnings?
Sendas Distribuidora (ASAI) is schdueled to report earning on Feb 24, 2025, TBA Not Confirmed.
What is Sendas Distribuidora (ASAI) earnings time?
Sendas Distribuidora (ASAI) earnings time is at Feb 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ASAI EPS forecast?
ASAI EPS forecast for the fiscal quarter 2024 (Q4) is $0.21.
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