Brazilian Retailers "UBS Shopping Cart: 6x1 work schedule; SBF world cup..."

Research evidence excerpt

Brazilian Retailers "UBS Shopping Cart: 6x1 work schedule; SBF world cup..."

Global Research

14 May 2026ab

Brazilian Retailers Equities

AmericasUBS Shopping Cart: 6x1 work schedule; SBF

world cup sales Consumer, Cyclical

Vinicius Strano, CFA

Analyst

vinicius.strano@ubs.com

Brazil Advances Proposal to End 6x1 Work Schedule +55-11-2767 6688

According to Valor Econômico, Hugo Motta stated that an agreement have been Isabella Lamas

reached to enable the vote on the constitutional amendment proposal (“PEC”) Associate Analyst

aimed at ending the 6x1 work schedule. The proposal would reduce the standard isabella.lamas@ubs.com

workweek from 44 to 40 hours, without financial compensation for companies. +55-11-2767 6836

Separately, the bill submitted by Luiz Inácio Lula da Silva (“PL”) regulates specific Lucca Biasi

situations, including work schedules for healthcare, public safety, and oil industry Associate Analyst

professionals, as well as transition rules. According to the news, the government’s lucca.biasi@ubs.com

bill would proceed under an urgency regime, giving Congress 45 days to deliberate +55-11-2767 6173

on the proposal. Pedro Perone

Associate Analyst

Grupo SBF expects world cup sales to surpass 2022 levels pedro.perone@ubs.com

According to an interview with Bloomberg Línea, José Salazar, Grupo SBF's CFO, +55-11-2767 6007

stated that sales momentum for Brazil national football team jerseys and licensed

products are already outperforming levels seen during the 2022 world cup.

According to the CFO, Grupo SBF expects sales related to the event to surpass 2022

world cup levels, with performance so far tracking in line with expectations. The

blue national team jersey contributed 15 days of sales during 1Q26, while the