Companhia Brasileira de Distribuicao (PCAR4.SA)
R$ 0.38 (+0.52%)
|Market Cap(Mil.):||R$ 20,614.44|
SAO PAULO, July 26 Brazilian retailer GPA SA expects a drop in prices for food staples to weigh on revenue in the third quarter, executives told analysts on a Wednesday earnings call.
SAO PAULO Brazilian retailer GPA SA posted a second-quarter profit of 165 million reais ($52 million) on Tuesday, compared with a net loss of 277 million reais a year earlier, according to a securities filing.
SAO PAULO, July 25 Brazilian retailer GPA SA posted a second-quarter profit of 165 million reais ($52 million) on Tuesday, compared with a net loss of 277 million reais a year earlier, according to a securities filing.
* Eyes 20 pct rise in H1 group operating profit (Adds CFO comments, analyst, shares)
SAO PAULO, April 28 Shares of GPA SA jumped to a 20-month high on Friday after Brazil's biggest retailer reported stronger profit margins at its struggling supermarkets but executives said the fruits of a nascent economic recovery are still to come.
SAO PAULO, April 28 GPA SA, Brazil's biggest retailer, has seen better-than-expected results from turning its Extra hypermarkets into Assai cash-and-carry stores and is accelerating investments in those conversions, its chief executive said on Friday.
SAO PAULO, April 27 GPA SA, Brazil's biggest retailer, on Thursday reported a swing to a profit in the first quarter as easing inflation helped the profitability of food sales and ongoing job cuts kept a lid on costs.
SAO PAULO, April 27 GPA SA, Brazil's biggest retailer, posted net income of 215 million reais ($68 million) in the first quarter, compared to a net loss of 157 million reais a year earlier, according to a securities filing on Thursday.
* Keeps 2017 profit growth goals (Adds comments from CFO, detail)
PARIS, April 18 Retailer Casino posted slower first-quarter sales growth on Tuesday that reflected weakening sales at its Geant Casino hypermarkets in France, and sluggishness at its recession-hit Brazilian market.