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Companhia Brasileira de Distribuicao (PCAR4.SA)

PCAR4.SA on Sao Paulo Stock Exchange

66.50BRL
23 Feb 2018
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Tue, Feb 20 2018

Brazil's GPA keeps Via Varejo on block, maintains food retail focus

SAO PAULO, Feb 20 GPA SA, one of Brazil's leading retailers, will continue to focus exclusively on its food business and is still looking for buyers for its appliance and electronics unit Via Varejo SA, the company's chief executive said on Tuesday.

UPDATE 1-Brazil's GPA hits profit estimates, projects margin growth in 2018

SAO PAULO, Feb 19 Brazilian food retailer GPA hit quarterly profit estimates on Monday, as sales at its wholesale formats drove growth, though the company's fairly ordinary results were overshadowed by a leadership shake-up announced almost simultaneously.

UPDATE 2-Brazil's GPA shakes up management, appoints tech-savvy new leaders

SAO PAULO, Feb 19 GPA SA, one of Brazil's largest food retailers, announced on Monday evening a shake-up of its management team, replacing its CEO and the head of a subsidiary just moments before releasing full-year results.

Brazil's GPA posts 4th-qtr profit as wholesale format drives growth

SAO PAULO, Feb 19 Brazilian food retailer GPA hit quarterly profit estimates on Monday, as sales at its cash-and-carry wholesale format stores continued to drive growth.

Brazilian retailer GPA to appoint Estermann as CEO- source

SAO PAULO, Feb 19 Brazilian retailer GPA SA is expected to announce late on Monday the appointment of Peter Paul Estermann as its chief executive officer, one source with knowledge of the matter said.

UPDATE 2-Shares in Brazil's GPA rise on revenue gains

SAO PAULO, Jan 15 Shares in Brazilian food retailer GPA SA rose well over 1 percent on Monday morning after the company posted gains in fourth quarter revenue, as a nascent recovery in consumption boosted sales.

Brazil's GPA says sales rose 8.2 percent last year

SAO PAULO, Jan 15 Brazilian retailer GPA SA said its total sales rose 8.2 percent last year, to 44.6 billion reais ($13.9 billion).

UPDATE 1-Brazil's GPA aims for stable capex in 2018, focused on new Assai stores

SAO PAULO, Dec 5 Brazilian retailer GPA SA is planning to invest 1.3 billion reais ($400 million) in 2018, in line with capital spending this year, an executive told journalists on Tuesday, as the company continues an expansion drive.

Brazil's GPA aims for stable capex in 2018, focused on new Assai stores

SAO PAULO, Dec 5 Brazilian retailer GPA SA is planning to invest 1.3 billion reais ($400 million) in 2018, in line with capital spending this year, Chief Executive Ronaldo Iabrudi told journalists on Tuesday.

GPA bets on organic growth, similar strategy for 2018: CEO

SAO PAULO, Oct 27 Brazilian retailer GPA SA is currently focused on organic growth rather than acquisitions, Chief Executive Ronaldo Iabrudi said in a conference call on Friday following the release of the company's quarterly results.

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