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Emerging Markets

Raia Drogasil Sales Surge 18.3% But Profit Lags at 7.4%

The Rio Times · 1h ago · 🇧🇷 Brazil

Raia Drogasil Sales Surge 18.3% But Profit Lags at 7.4%

Raia Drogasil's second-quarter revenue jumped 18.3%, but profit growth lagged at just 7.4%. Digital sales surged 55%, yet rising costs squeezed the bottom line. Here's why investors still cheered. The post Raia Drogasil Sales Surge 18.3% But Profit Lags at 7.4% appeared first on The Rio Times .

Read the full story at The Rio Times →

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