|Bid||7.71 x 1100|
|Ask||7.72 x 1400|
|Day's Range||7.59 - 7.74|
|52 Week Range||3.82 - 17.46|
|Beta (5Y Monthly)||0.82|
|PE Ratio (TTM)||4.36|
|Forward Dividend & Yield||0.40 (5.25%)|
|Ex-Dividend Date||May 06, 2021|
|1y Target Est||11.50|
Brazilian food retailer GPA SA is considering a spin off of its Colombian Almacenes Exito SA unit to GPA's shareholders including parent company Casino Guichard Perrachon, two sources with knowledge of the matter said. Such a transaction, similar to GPA's recent spin off of its Brazilian wholesale unit Assai, would fit with part of broader efforts by France's Casino to simplify its structure in Latin America, potentially unlocking more value from its holdings there. GPA owns almost 97% of Exito, which is listed in Colombia, with a market capitalization of $1.5 billion, leaving it the company, which employs around 35,000 people in 515 supermarkets across the country, with an extremely small free float.
CBD earnings call for the period ending March 31, 2021.
Companhia Brasileira's (CBD) first-quarter 2021 results reflect higher net income and revenues, thanks to online strength. Both GPA Brazil and Grupo Exito units witness growth.