Grupo Casas Bahia S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 7,354 million compared to BRL 7,399 million a year ago. Net loss was BRL 297 million compared to net income of BRL 18 million a year ago.

Basic loss per share from continuing operations was BRL 4.6983 compared to basic earnings per share from continuing operations of BRL 0.285 a year ago. Diluted loss per share from continuing operations was BRL 4.6983 compared to diluted earnings per share from continuing operations of BRL 0.285 a year ago.