Azzas 2154 SA
BOVESPA:AZZA3
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Azzas 2154 SA
BOVESPA:AZZA3
|
BR |
Azzas 2154 SA
Azzas 2154 SA is a BR-based company operating in Textiles, Apparel & Luxury Goods industry. The company is headquartered in Belo Horizonte, Minas Gerais and currently employs 8,379 full-time employees. The company went IPO on 2011-01-31. Arezzo Industria e Comercio SA is a Brazil-based women's footwear, handbags and accessories retailer. The Company’s brand portfolio includes Arezzo, a footwear retailer; Blizza, a brand focused on flipflops, sandals, sliders, and purses; Bambini, the Company’s children's line, with bright colors and comfortable shoes, as well as MyShoes, whose portfolio includes footwear, handbags and fashion content. Each one of Arezzo Industria e Comercio SA’s brands has a specific public and specific products, operating through a variety of distribution channels: Company-owned stores, franchises, multi-brand stores, e-commerce, and some also export. The firm has several subsidiaries, including Arzz International Inc, Tiferet Comercio de Roupas Ltda and Guarana Brasil Difusao de Moda Ltda.
Azzas 2154 SA is a BR-based company operating in Textiles, Apparel & Luxury Goods industry. The company is headquartered in Belo Horizonte, Minas Gerais and currently employs 8,379 full-time employees. The company went IPO on 2011-01-31. Arezzo Industria e Comercio SA is a Brazil-based women's footwear, handbags and accessories retailer. The Company’s brand portfolio includes Arezzo, a footwear retailer; Blizza, a brand focused on flipflops, sandals, sliders, and purses; Bambini, the Company’s children's line, with bright colors and comfortable shoes, as well as MyShoes, whose portfolio includes footwear, handbags and fashion content. Each one of Arezzo Industria e Comercio SA’s brands has a specific public and specific products, operating through a variety of distribution channels: Company-owned stores, franchises, multi-brand stores, e-commerce, and some also export. The firm has several subsidiaries, including Arzz International Inc, Tiferet Comercio de Roupas Ltda and Guarana Brasil Difusao de Moda Ltda.
Revenue: Full-year 2025 revenue was BRL 14.7 billion, up 7.1% (sell-out channels drove growth).
Profitability & cash: Recurrent EBITDA for 2025 was BRL 1.941 billion (16.4% margin); operating cash generation for the year was BRL 1.17 billion with 71% cash conversion of recurring EBITDA pre-IFRS.
Q4 snapshot: Q4 net revenue was BRL 3.3 billion (down 4.1% YoY); recurring EBITDA was BRL 501 million and net profit was BRL 168 million (5.1% margin).
Working capital: Inventory days improved (company 147 days, down 9 days YoY); Hering reduced inventory from 210 days (end-2025) targeting 153 days by year-end 2026.
Capital allocation: CapEx was cut ~30% vs prior year and BRL 667 million was returned to shareholders (BRL 500 million dividend in Q4 plus buybacks).
Brand highlights: Farm reached BRL 3.4 billion (BRL 1.3 billion international, ~30%), women's fashion BU up 18.7% to BRL 5.7 billion; Vans posted a 14.8% decline in Q4 and pressured the Shoes & Bags unit.
Management priorities: 2026 is positioned as a stabilization year focused on Hering turnaround, expense discipline, ROIC and continued integration.
