Felipe Rached 4 August 2026 | 9:17PM BRT Equity Research C&A Modas (CEAB3.SA): Solid 2Q26 results, in line with expectations CEAB reported solid 2Q26 results. Apparel SSS increased +4.1% yoy, slightly above GSe at +3.6% yoy. Management noted that sales growth was stronger in April/May and weaker in June, reflecting lower foot traffic in the context of the FIFA World Cup. Gross margin continued to be a positive highlight, with a notable +60bp yoy increase in the apparel gross margin despite the tough comp ba ...