Natura &Co Holding Full Year 2023 Earnings: Misses Expectations

Natura &Co Holding (BVMF:NTCO3) Full Year 2023 Results

Key Financial Results

• Revenue: R$26.7b (down 8.5% from FY 2022).
• Net loss: R$2.58b (loss widened by 14% from FY 2022).
• R$1.87 loss per share (further deteriorated from R$1.65 loss in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Natura &Co Holding Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 16%. Earnings per share (EPS) was also behind analyst expectations.

The primary driver behind last 12 months revenue was the Natura & Co Latam segment contributing a total revenue of R$20.4b (76% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to R$11.0b (56% of total expenses). Explore how NTCO3's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Global Personal Products industry.

Performance of the market in Brazil.

The company's shares are up 8.6% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Natura &Co Holding's balance sheet health.

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