CBD - Companhia Brasileira de Distribuição
| Previous Close | 24.58 |
| Open | 24.50 |
| Bid | 24.63 x 800 |
| Ask | 24.64 x 800 |
| Day's Range | 24.48 - 24.64 |
| 52 Week Range | 17.91 - 26.81 |
| Volume | 334,192 |
| Avg. Volume | 749,035 |
| Market Cap | 6.613B |
| Beta (3Y Monthly) | 0.86 |
| PE Ratio (TTM) | 22.74 |
| EPS (TTM) | 1.08 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.41 (1.68%) |
| Ex-Dividend Date | 2019-07-03 |
| 1y Target Est | 25.00 |
- Zacks•2 days ago
New Strong Sell Stocks for July 16th
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- Zacks•6 days ago
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- Bloomberg•16 days ago
Hedge Fund Sees Casino's Brazil Unit GPA Trading at a Discount
(Bloomberg) -- Shares of Cia. Brasileira de Distribuicao still look cheap after posting their best week since September, according to Ibiuna Investimentos, which has about 6 billion reais ($1.6 billion) in assets under management.The Brazilian retailer, more commonly known as Grupo Pao de Acucar, or GPA, rebounded in Sao Paulo last week following the announcement of a reorganization proposal that would lead to the simplification of its parent company Casino Guichard-Perrachon SA’s structure in Latin America.“Our initial analysis of the proposal is pretty positive,” according to a monthly note from Ibiuna. ”We’re still quite positive on the firm’s investment thesis, as it still has a relevant discount to other Brazilian assets.”GPA proposed a public offering to acquire all of Colombia’s Almacenes Exito SA shares and recommended it transfer to the Brazil stock exchange’s Novo Mercado segment, which lists Brazilian companies with higher corporate governance standards. The migration "will ease investors’ concerns about GPA’s corporate governance,” Bradesco BBI analysts led by Richard Cathcart wrote in a report last week. In mid-June, GPA also sold a 36% stake in Via Varejo SA, a Brazilian electronics retailer it had been trying to sell since 2016.To contact the reporter on this story: Vinícius Andrade in São Paulo at vandrade3@bloomberg.netTo contact the editors responsible for this story: Brad Olesen at bolesen3@bloomberg.net, Scott SchnipperFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Reuters•20 days ago
Brazil's GPA taps Microsoft to test 'Amazon Go'-like technologies
- Reuters•22 days ago
UPDATE 4-France's Casino to overhaul Latam holdings, GPA shares soar
SAO PAULO/PARIS, June 27 (Reuters) - Casino Guichard Perrachon on Thursday unveiled a plan to simplify the complex shareholding structure for its Latin American operations, sending shares in its Brazilian and Colombian units soaring. The restructuring would result in Casino controlling its Latin American business in Brazil, Colombia, Uruguay and Argentina through a 41.4% stake in Brazilian unit Grupo Pao de Acucar (GPA). Casino, which has been grappling with high debt, has been trying to address investor criticism over the complex and sometimes opaque structure of its business.
- Zacks•22 days ago
Casey's Up 22% in 3 Months, Value Creation Plan on Track
Casey's (CASY) is on track with its Value Creation Plan, which includes fleet card program. Also, the company is benefiting from store expansion.
- Reuters•last month
UPDATE 3-Control of Brazil retailer Via Varejo shifts to Klein family from GPA
Brazilian retail veteran Michael Klein and his family on Friday gained control of appliance retailer Via Varejo SA from retailer GPA SA in an auction. Klein bought a smaller than anticipated additional stake in the company, but other investors pitched in and GPA ended by selling its entire stake at a higher than expected price. Combined with its previous stake of 25.4%, the Klein family will own 27%, making it the retailer's largest shareholder.
- Reuters•last month
Brazil's Via Varejo shares down after sale of GPA's controlling stake
- Zacks•last month
Companhia Brasileira to Gain on Digital Transformation & More
Companhia Brasileira's (CBD) Assai segment is a major growth driver. Also, the company is on track with its pilot projects.
- Zacks•2 months ago
CBD vs. WMT: Which Stock Is the Better Value Option?
CBD vs. WMT: Which Stock Is the Better Value Option?
- Zacks•2 months ago
Supermarkets Industry Outlook Bright on Store & Digital Plans
Supermarkets Industry Outlook Bright on Store & Digital Plans
Reuters•2 months agoFrench retailer Casino reviewing options for Latin American assets
French supermarket chain Casino Guichard Perrachon SA, which has been selling assets to cut debt and reassure investors, said on Thursday it was reviewing strategic options in Latin America. Casino, which controls Brazilian retailer Grupo Pao de Acucar (GPA), issued a statement after Brazilian paper 0 Globo said the French firm could announce "in the next few days" a plan to combine its assets in Latin America. Casino also owns wholesale chain Assai and electronics and appliance retailer Via Varejo in Brazil, and supermarket chain Grupo Exito in Colombia, Argentina, Uruguay and Chile.
- Zacks•2 months ago
Strong Units Fuel Companhia Brasileira's (CBD) Q1 Earnings
Companhia Brasileira's (CBD) Q1 performance gains from consistent growth in the Multivarejo and Assai units.
- Associated Press•2 months ago
CBD: 1Q Earnings Snapshot
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 ...
- Zacks•2 months ago
Companhia Brasileira (CBD) Q1 Earnings to Gain on Solid Units
Companhia Brasileira's (CBD) Assai and Multivarejo units are likely to be the key drivers in Q1. Additionally, digital endeavors and focus on pilot projects are likely to aid the quarterly results.
- Reuters•3 months ago
Brazil's GPA sales rise, closes in on supermarket leader Carrefour Brasil
Brazilian supermarket chain Grupo Pão de Açúcar SA on Wednesday posted first-quarter sales up 12 percent from a year ago, closing the gap on Carrefour Brasil, the market leader in Latin America's largest economy. GPA, which is owned by France's Casino Guichard Perrachon SA , reported gross revenues of 13.8 billion reais ($3.46 billion), driven by gains in its wholesale division, Assaí. On Tuesday, Carrefour Brasil posted a 10 percent increase in gross sales to 14.2 billion reais, as growth in its wholesale unit Atacadão more than compensated for a flat performance in the retail division.
- Reuters•3 months ago
Brazilian food retailer GPA posts 12.4% growth in 1st qtr gross revenue
Grupo Pão de Açúcar SA , one of Brazil's largest food retailers, owned by France's Casino Guichard Perrachon SA, on Wednesday posted first-quarter gross revenue of 13.8 billion reais , up 12.4% from the ...
- Zacks•3 months ago
CBD or WMT: Which Is the Better Value Stock Right Now?
CBD vs. WMT: Which Stock Is the Better Value Option?
- Insider Monkey•3 months ago
Hedge Funds Have Never Been This Bullish On Companhia Brasileira de Distrib. (CBD)
The government requires hedge funds and wealthy investors that crossed the $100 million equity holdings threshold are required to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings level the playing field for ordinary investors. The latest round of 13F filings disclosed the […]
- Zacks•4 months ago
Companhia Brasileira Up 16% in 3 Months: Will Momentum Stay?
Companhia Brasileira (CBD) is gaining from the Assai unit, Pilot Projects and strategy for 2018-2020.
