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CBD: 1Q Earnings Snapshot

SAO PAULO (AP) _ Companhia Brasileira de Distribuicao (CBD) on Wednesday reported first-quarter profit of $41.1 million.

The Sao Paulo-based company said it had profit of 15 cents per share. Earnings, adjusted to account for discontinued operations, came to 14 cents per share.

The retailer posted revenue of $3.37 billion in the period.

CBD shares have risen almost 7% since the beginning of the year. The stock has climbed roughly 7% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBD at https://www.zacks.com/ap/CBD