Ac t i o n | 27 Jul 2026 20:41:06 ET │ 16 pages Natura Cosmeticos SA (NATU3.SA) Not Much to Do but Wait; Maintain Neutral/High Risk CITI'S TAKE NATU is scheduled to report Q2 on Aug 10th after the market close. At this stage, we expect limited surprises after the company unveiled a preliminary 2Q26 guidance for group net rev. of R$5.1-5.2bn (CitiE now in the mid-point at R$5.15bn), -10% YoY driven primarily by operational disruptions related to the SAP update. The good news is that Hispanic top-line appears ...