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Lojas Renner Announces First Quarter 2025 Earnings Results

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PORTO ALEGRE, Brazil, May 8, 2025 /PRNewswire/ — Lojas Renner S.A. (B3: LREN3), announces its results for the first quarter 2025 (1Q25). All amounts are expressed in millions of Reais and all comparisons are with the same period for the previous year, except when otherwise indicated.

Highlights

Apparel sales increased 13.5%Gross margin increased 0.6p.p., with the lowest level of markdowns in 1s0 years and +5.4p.p. in CamicadoYoucom sales increased by 28%Fifth consecutive quarter of expenses dilution, at 1.3p.p.Realize with result of R$ 191 MM (~R$ 95 MM on a comparable basis ex Central Bank resolution) and a significant improvement in portfolio riskTotal Adjusted EBITDA reached R$ 585 MM (+55%) with margin of 21.2% (+5.8p.p.)Cash position of R$ 1.6 bi and net cash of R$ 1.2 bi62% of the buyback program executed (46,5 million shares repurchased) until nowNet profit of R$ 221 million (+59%) and Earnings Per Share up by 65%1.9 p.p. increase in ROIC (ROIC LTM of 13.3%)

Message from the CEO
Lojas Renner’s first-quarter results demonstrate that the evolution of our business model and the initiatives we have implemented are gradually bearing fruit while enhancing our competitiveness.

First quarter apparel sales increased by 13.5% while consolidated gross margin increased by 0.6 p.p., also with the lowest level of markdowns in the last 10 years. We delivered operating leverage for the fifth consecutive quarter – which improved by 1.3 p.p. in 1Q25- and achieved R$ 221 million (+59%) in net profit, resulting in a 1.9 p.p. increase in ROICLTM, which reached 13.3% for 1Q25.

Part of this performance for the quarter reflects the sustained, gradual effects of Renner’s more agile and flexible fashion execution, combined with an increasingly precise supply model (100% by SKU) and shorter lead times for stores. Additionally, the increasingly differentiated and integrated shopping journey across all of Renner’s businesses contributed to the improvement in NPS and an increase in the active customer base during the quarter. Digitalization of the shopping experience continued to evolve at Renner stores, and Digital GMV gained even more relevance, increasing by 15% with 16% penetration and higher profitability.

Realize delivered its sixth consecutive quarter of improved operational results, also benefiting from adjustments related to the new Bacen resolution. However, excluding the Bacen effect, Realize results improved significantly (+7 times). Credit portfolio quality continued to evolve during the quarter, and this business continued to drive Renner’s retail operations as an important catalyst to customer loyalty and value generation.

It’s important to also note the strong performance at Youcom and Camicado, with a 28% increase in Youcom sales and a 5.4 p.p. increase in Camicado’s gross margin for 1Q25.

While we’re pleased with Renner’s first quarter performance as a positive start to the year, our evolution will be more challenging given our high nominal base. However, our progress related to key metrics this quarter demonstrates that we are on the right track. Further, our Company’s solid cash position of R$ 1.6 billion enables us to make strategic investments aimed at growth and to capture opportunities in the current environment. Similarly, our strong balance sheet provided us the flexibility during the quarter to execute 62% of the share buyback program we announced in February, with 46.5 million shares repurchased to date. Our potential is greater. And while there remains considerable opportunity for further evolution on this journey, our investments were made to achieve this objective. We remain focused on our priority of accelerating our ability to capture our evolved business model’s full potential, and we reaffirm our commitment to sustained long-term growth, with profitability, and value generation.
Fabio Faccio – CEO

For a full version of Lojas Renner’s Results, please visit: https://lojasrenner.mzweb.com.br/en/

Earnings Conference Call*
Date: May 9, 2025
Time: 10:00 AM BRT / 9:00 AM ET
*Portuguese with a simultaneous English translation.
Access the webcast here.

About Lojas Renner S.A.
The Company was incorporated in 1965 and listed in 1967, becoming a pure widely held company in 2005 with a 100% free float, being considered the first true Brazilian corporation. Renner’s equities are traded on B3 under the LREN3 symbol in the Novo Mercado segment, the highest level of corporate governance

Lojas Renner S.A. is a fashion and lifestyle ecosystem connected to its customers through digital channels and its physical stores in Brazil, Argentina and Uruguay. It is today the ecosystem leader in omnichannel fashion retailing in Brazil through the Renner, Camicado, Youcom, Realize CFI and Repassa businesses.

Legal Notice
The statements contained in this document relate to the prospects for the business, estimates for operating and financial results and those related to growth prospects of Lojas Renner S.A. are merely projections and, as such, are based exclusively on the expectations of the Company’s management with respect to the future of the business. Such forward-looking statements depend substantially on changes in market conditions, the performance of the Brazilian economy, the sector and the international markets and are therefore subject to change without prior notice.

View original content:https://www.prnewswire.com/news-releases/lojas-renner-announces-first-quarter-2025-earnings-results-302450652.html

SOURCE Lojas Renner S.A.

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Crypto Miner Found Two Bitcoin Blocks in One Day With Rented Hashpower via NiceHash – You Can Try It From 5 USDT

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HONG KONG, Oct. 2, 2026 /PRNewswire/ — A crypto miner using NiceHash EasyMining found two Bitcoin blocks on the same day in September without owning or operating mining hardware.

Bitcoin blocks #967911 and #967915 were found only four blocks apart and generated more than 6 BTC in combined block rewards. The miner had purchased Gold L Solo Mining packages through NiceHash EasyMining, at a cost of approximately 0.01 BTC per package.

The two discoveries highlight how EasyMining enables users to participate in mining by purchasing hashpower rather than buying and setting up their own equipment. Finding a block is uncertain, and purchasing a package does not guarantee a reward.

How EasyMining Works

NiceHash has operated a marketplace for computing power, known as hashpower, for more than a decade. EasyMining gives users a way to purchase a mining package and use its hashpower for a mining attempt.

Users select a package without having to buy an ASIC, install mining hardware at home or manage the technical setup themselves. The mining equipment is still operated by third parties; EasyMining users do not need to own or operate it.

Selected Packages Start at 5 USDT

Selected Bitcoin and Bitcoin Cash solo mining packages are available from 5 USDT. Users can choose an eligible package, pay with USDT and follow the outcome of the mining attempt through the platform. Package availability and pricing may vary.

EasyMining Presented in Hong Kong

NiceHash recently presented EasyMining at Bitcoin Asia in Hong Kong, where the company showcased its mining products to the Asian Bitcoin and crypto community.

Mining Options Beyond Bitcoin

Depending on the packages available, EasyMining supports mining attempts for proof-of-work cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Dogecoin (DOGE), Zcash (ZEC) and Kaspa (KAS).

Selected Bitcoin and Bitcoin Cash packages can be purchased with USDT, while other available EasyMining packages can be purchased with BTC.

Solo and Team Mining

EasyMining offers solo and team mining options. In solo mining, a user purchases a package whose hashpower attempts to find a block. The miner who found the two Bitcoin blocks was using solo mining packages.

In team mining, users purchase shares in a package and participate together. If the team finds a block, the reward is distributed according to participants’ shares and the applicable package rules.

By providing access to hashpower through mining packages, EasyMining allows users to try mining without purchasing equipment or managing a home mining setup.

More information is available at NiceHash EasyMining.

Easy Mining Website: https://www.nicehash.com/easymining?utm_campaign=easymining_launch_2026&utm_source=article_sea&utm_medium=paid_social&utm_content=article_sea&utm_id=south_asia&reffid=south_asia 

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SOURCE NiceHash

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AGIBOT Partners with Vietnam National Innovation Center (NIC) to Advance Embodied AI Industry and Talent Ecosystem

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HANOI, Vietnam, Oct. 2, 2026 /PRNewswire/ — On the occasion of Vietnam National Innovation Day (October 1) and Vietnam Encouragement of Learning Day (October 2), The 1st Vietnam Embodied AI Conference (AGIBOT Partner Conference) was held on October 2 in Hanoi. The conference was co-hosted by NIC, AGIBOT, and its Vietnamese partners ECOLIV and Great Education, attracting over 550 participants, including representatives from government agencies such as NIC, the Ministry of Science and Technology, the Ministry of Education and Training, and the Ministry of Industry and Commerce; senior representatives including principals from over 50 schools; representatives from more than 20 research institutions; as well as industry partners and end customers in the research, education, and industry sectors. The conference focused on cutting-edge embodied intelligence technologies, industrial applications, talent development, and ecosystem deployment, marking a significant step forward in AGIBOT’s embodied intelligence market expansion in Vietnam.

At the conference, AGIBOT showcased a comprehensive range of embodied intelligence solutions, including humanoid robots, quadruped robots, wheeled robots, and various solutions for education and industrial applications. The company also shared its practical achievements in embodied intelligence technology evolution, real-world scenario applications, and global ecosystem development. Industry-academia-research collaboration was one of the key topics. The conference officially launched the “Yuan Sheng Program” for Vietnam’s education and research sector, which will focus on curriculum development, joint laboratories, faculty training, student practice, and research projects to further integrate embodied intelligence robots into Vietnam’s education and research system.

As a key platform within Vietnam’s innovation ecosystem, NIC plays a leading role in promoting innovation and AI industry development. During the conference, NIC presented AGIBOT with the Innovation Partner Award and AGIBOT also recognized the first group of embodied AI ecosystem partners in Vietnam at a plaque presentation ceremony.

Abel Deng, President of AGIBOT Middle East & Asia-Pacific Region, stated: “Through the ‘Yuan Sheng Program’ and the RaaS (Robot as a Service) model, we aim to bring foundational AI large models, robotic bodies, and ecosystem capabilities into the Vietnamese market. Together with NIC and local partners, we will drive the validation and application of embodied intelligence across scenarios including education and research, retail services, cultural tourism and hospitality, and industrial manufacturing in Vietnam.”

In terms of industrial deployment, AGIBOT is deepening collaboration with local Vietnamese partner ECOLIV to jointly advance local operational capability building, including market expansion, project delivery, and after-sales service system development. The conference also announced the launch of the RaaS model. Leveraging the service network built by local ecosystem partners, enterprises, universities, and other users can deploy robotic applications in a more flexible manner based on actual scenarios, lowering initial deployment barriers and accelerating the validation and adoption of embodied intelligence technologies in real-world business scenarios.

Steve Chen, GM of ECOLIV, stated: “Vietnam possesses favorable conditions in manufacturing foundations, talent resources, innovation policies, and regional market connectivity, providing vast opportunities for the development of embodied intelligence technologies and industrial applications. In the future, ECOLIV will further deepen cooperation with NIC, Great Education, and relevant research institutions and universities, continuously advancing the deployment of embodied intelligence technologies in Vietnam across research innovation, talent development, industrial applications, and local ecosystem development.”

About AGIBOT

AGIBOT is a pioneer in the global general-purpose AI robotics industry, with its core technology focused on embodied AI. AGIBOT’s “Three Intelligences in One” architecture integrates Locomotion Intelligence, Interaction Intelligence, and Manipulation Intelligence into a unified embodied system. Its portfolio spans humanoid robots, quadrupeds, dexterous systems, and commercial cleaning solutions. In September 2026, AGIBOT announced that its 20,000th robot had rolled off the production line.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/agibot-partners-with-vietnam-national-innovation-center-nic-to-advance-embodied-ai-industry-and-talent-ecosystem-302897081.html

SOURCE AGIBOT

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Quotient Sciences and Acesion Pharma Announce Collaboration on AI-Enhanced Formulation Development to Advance Atrial Fibrillation Pipeline

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New AI-enhanced solution helps identify promising drug formulations, compressing early clinical decision-making for new treatments

NOTTINGHAM, England, Oct. 2, 2026 /PRNewswire/ — Quotient Sciences, a global integrated CRDMO (contract research, development and manufacturing organization), and Acesion Pharma, a Copenhagen-based biotech company developing treatments for cardiac arrhythmia, today announced a new collaboration applying Quotient Sciences’ AI-enhanced formulation development solution within its Translational Pharmaceutics® platform.

The collaboration supports Acesion’s early-stage pipeline of small molecules targeted towards atrial fibrillation, the world’s most common sustained cardiac arrhythmia.

The collaboration reflects both companies’ shared commitment to advancing innovation in early drug development. Quotient Sciences’ AI-enhanced formulation development solution applies active machine learning (ML) with Bayesian optimization to help identify and prioritize the drug products most likely to succeed in the clinic, enabling partners such as Acesion to make faster, better-informed decisions earlier in development.

Atrial fibrillation: a growing global health challenge

The lifetime risk of developing atrial fibrillation is approximately one in three adults over age 55, making it one of the most common cardiovascular disorders associated with age.

Patients with atrial fibrillation face an approximately five-fold increased risk of stroke, making effective management critical for reducing serious complications. Atrial fibrillation impacts an estimated 50-60 million people globally.

AI-enhanced formulation development within Translational Pharmaceutics®

Quotient Sciences’ Translational Pharmaceutics® platform optimizes drug development by integrating a range of drug product formulation and clinical activities. It has been used by biotech and pharmaceutical companies globally as a proven method for advancing candidates through early development for more than 20 years.

Now enhanced with Quotient Sciences’ new AI-enhanced formulation development solution, Translational Pharmaceutics® allows development teams to analyze data and predict formulation performance earlier and more precisely, shortening development timelines further while supporting better-informed decisions. Early development activities can be focused on the drug product candidates with the highest chances of clinical success.

A collaboration built on innovation

Dr. Andrew Lewis, Chief Scientific Officer at Quotient Sciences, said: “This collaboration with Acesion Pharma reflects exactly what our AI-enhanced formulation development solution, combined with Translational Pharmaceutics®, is designed to deliver: helping our partners make better-informed, faster decisions about their drug product formulations. We’re proud to be working with Acesion on a shared commitment to innovation, and to support their pipeline in the field of atrial fibrillation.”

Dr. Elisabeth V. Carstensen, Vice President CMC, at Acesion Pharma said: “We are excited to, together with Quotient Sciences, explore how their AI-enhanced algorithms can help guide and accelerate oral formulation development for our small-molecule compounds. By helping to guide and accelerate development decisions, this approach has the potential to shorten timelines for clinical testing and increase the likelihood of achieving the desired product profile.”

About Acesion Pharma

Acesion Pharma is a privately held Danish biotech company developing novel treatments for atrial fibrillation (AF), the most common cardiac arrhythmia. Acesion aims to develop first-in-class SK channel inhibitors as a more efficacious, safe and tolerable treatment of AF. Existing drugs generally have a limited effect and are associated with risk of serious adverse events, and there is a considerable patient need for developing better and safer drugs. Acesion is the only company successfully progressing SK ion channel inhibitors into clinical trials and has demonstrated human proof-of-concept with its first-generation SK ion channel inhibitor AP30663 in pharmacological AF cardioversion (https://www.nature.com/articles/s41591-023-02679-9).

About Quotient Sciences

Quotient Sciences is an integrated CRDMO (contract research, development and manufacturing organization) providing services across the entire drug development and clinical pathway. Our flagship platform for drug development, Translational Pharmaceutics®, has been trusted by companies ranging from emerging biotechs to Fortune 50 pharmaceutical organizations for integrated drug product formulation, manufacturing and clinical testing. Enhanced with our new AI-driven formulation insights and backed by more than 20 years of experience, Translational Pharmaceutics® helps sponsors make better decisions earlier and advance towards proof-of-concept studies while reducing early development time, cost and risk. To learn more, visit quotientsciences.com.

Source: Quotient Sciences Global News

View original content:https://www.prnewswire.co.uk/news-releases/quotient-sciences-and-acesion-pharma-announce-collaboration-on-ai-enhanced-formulation-development-to-advance-atrial-fibrillation-pipeline-302897090.html

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