Grupo de Moda Soma S.A. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was BRL 5,360.55 million compared to BRL 4,870.52 million a year ago. Net loss was BRL 1,617.13 million compared to net income of BRL 335.19 million a year ago.

Basic loss per share from continuing operations was BRL 2.06 compared to basic earnings per share from continuing operations of BRL 0.43 a year ago.