Grupo de Moda SOMA S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 1,202.69 million compared to BRL 1,017.66 million a year ago. Net income was BRL 48.89 million compared to BRL 42.53 million a year ago.

Basic earnings per share from continuing operations was BRL 0.06 compared to BRL 0.05 a year ago. Diluted earnings per share from continuing operations was BRL 0.06 compared to BRL 0.05 a year ago.