Grupo Mateus S.A. stock (BRGMATACNOR3): Brazil retailer trades near recent levels as market eyes sector dynamics

Shares of Brazilian food retailer Grupo Mateus traded close to recent levels on B3 as investors digest the company’s position in the country’s competitive supermarket and cash-and-carry sector and broader industry trends.

Shares of Grupo Mateus S.A., one of Brazil’s largest food retail chains, traded on the B3 exchange in São Paulo under the ticker GMAT3 on 06/04/2026, with investors monitoring the stock amid ongoing competition in the domestic supermarket and cash-and-carry market, according to quote data reported by Brazilian financial portals as of 06/04/2026.

Grupo Mateus is a major player in the Brazilian retail landscape, ranked as the country’s third-largest supermarket group by revenue, behind Carrefour Brasil and Assaí, according to a report by Associação Brasileira de Supermercados (ABRAS) cited in coverage from NSC Total dated 04/23/2024NSC Total as of 04/23/2024.

As of 06/04/2026, the company’s shares continue to trade actively on Brazil’s B3 exchange, underscoring its status as a listed Brazilian retailer with a footprint concentrated in the North and Northeast regions of the country, according to company descriptions and market data summarized on Oceans14’s GMAT3 profile updated in 2025Oceans14 as of 2025.

Brazil remains the core home market for Grupo Mateus, with its primary listing on B3 in São Paulo and operations spanning supermarkets, hypermarkets, and cash-and-carry formats that target both retail consumers and small business customers, as outlined in the company’s investor materials and summarized on Oceans14’s GMAT3 overview as of 2025Oceans14 as of 2025.

In Germany, the stock can also be accessed via off-exchange platforms such as Tradegate using the underlying Brazilian listing GMAT3 and the ISIN BRGMATACNOR3, allowing European investors to gain exposure to the Brazilian supermarket sector through local brokers, according to cross-listing and quotation details provided by German trading venues as of 06/04/2026.

As of: 04.06.2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: Grupo Mateus
• Sector/industry: Food retail and cash-and-carry
• Headquarters/country: São Luís, Brazil
• Core markets: North and Northeast regions of Brazil
• Key revenue drivers: Supermarkets, hypermarkets, and cash-and-carry wholesale formats
• Home exchange/listing venue: B3 São Paulo (GMAT3)
• Trading currency: BRL

Grupo Mateus S.A.: core business model

Grupo Mateus operates an integrated network of supermarkets, hypermarkets and cash-and-carry outlets in Brazil, with sales volumes driven mainly by everyday food, grocery and household products sold to both retail shoppers and small business customers in the North and Northeast regions.

Industry trends and competitive position

Within Brazil’s food retail industry, Grupo Mateus competes directly with heavyweight chains such as Carrefour Brasil and Assaí, which together with Grupo Mateus form the top three supermarket groups by revenue, according to the ABRAS ranking referenced by NSC Total on 04/23/2024NSC Total as of 04/23/2024.

The Brazilian supermarket and cash-and-carry sector has been characterized by intense price competition and expansion into new cities, particularly in the North and Northeast where Grupo Mateus has a strong regional presence, as reflected in company disclosures and sector commentary collated on Oceans14’s GMAT3 page with data through 2025Oceans14 as of 2025.

Conclusion

Grupo Mateus S.A. remains an actively traded Brazilian supermarket and cash-and-carry stock on B3, with investors watching its share price as of 06/04/2026 against the backdrop of a competitive domestic retail sector.

With ABRAS data placing the group behind Carrefour Brasil and Assaí in national rankings, the company’s regional scale in the North and Northeast and its multi-format store base continue to shape how the market assesses its prospects in Brazil’s food retail industry.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.