CBD - Companhia Brasileira de Distribuicao
19.97 0.00 (0.00%)
After hours: 4:17PM EST
| Previous Close | 19.98 |
| Open | 19.71 |
| Bid | 19.98 x 800 |
| Ask | 20.01 x 800 |
| Day's Range | 19.71 - 20.14 |
| 52 Week Range | 18.33 - 26.46 |
| Volume | 240,064 |
| Avg. Volume | 383,991 |
| Market Cap | 5.27B |
| Beta (5Y Monthly) | 1.35 |
| PE Ratio (TTM) | 18.46 |
| EPS (TTM) | 1.08 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.41 (2.07%) |
| Ex-Dividend Date | Jul 02, 2019 |
| 1y Target Est | 25.00 |
- Insider Monkey
Here is What Hedge Funds Think About Companhia Brasileira de Distrib. (CBD)
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]
- Reuters
Brazil's GPA sees wholesale chain Assaí sales hitting $12 bln by 2022
Brazil's GPA sees its wholesale unit Assaí reaching 50 billion reais ($11.91 billion) in gross sales by the end of 2022 from expected 30 billion reais this year, as the food retailer continues to organically expand its operations, its chief executive said on Wednesday. It plans 20 new stores per year in Brazil and will expand the chain to Colombia in 2020, CEO Peter Estermann told journalists in a press conference before a meeting with investors in Sao Paulo. "It will be our first Assaí store outside Brazil," Estermann said.
- Reuters
Brazil's GPA strikes deal with drugstore chain RD to create loyalty program JV
Brazilian supermarket group Grupo Pão de Açúcar SA has signed a deal with drugstore chain RD SA to create a loyalty program joint venture expected to start in the second half of 2020, both companies said on Wednesday. Under the terms of the agreement, which is still subject to approval by local antitrust regulator Cade, GPA, the local subsidiary of France's Casino Guichard Perrachon SA, will have a 66.7% stake in the joint venture and RD the remaining 33.7%, they said in a securities filing. Called Stix Fidelidade, the new loyalty program is a push to broaden their customer base, as well as shopping frequency for both companies, GPA's Chief Executive Peter Estermann told journalists on Wednesday.
- Reuters
Brazil supermarket chain GPA teams with local brewer to sell in-house craft beer
Brazilian supermarkets chain Grupo Pao de Acucar SA has teamed-up with a local brewery to launch its own craft beer brand, a move likely to boost the share of in-house products in its total sales to over 20% in 2020, an executive said. The local subsidiary of France's Casino Guichard Perrachon SA currently offers its customers over 2,000 in-house products from various categories, representing approximately 13% of total sales, according to its most recent earnings report. GPA's launch of its "Fábrica 1959" beer brand comes amid growing consumer interest in craft beers around the world.
- Reuters
UPDATE 1-Brazil GPA sees stronger 2020 sales after store conversions, renovations
Brazilian retailer Grupo Pão de Açúcar SA expects better sales after it completes supermarket conversions and renovations in early 2020, its chief executive said on Thursday. "Consumption prospects are more positive, which alongside our efforts to conclude conversions and renovations in the first months of 2020, will allow us to enter an even better cycle," CEO Peter Estermann told analysts and investors in a call on quarterly results. GPA's shares edged down 0.4% to 82.73 reais, trimming gains so far this year to around 3%.
- Zacks
Companhia Brasileira (CBD) Q3 Earnings & Revenues Rise Y/Y
Companhia Brasileira's (CBD) reports strong Assai unit sales in the third quarter of 2019. E-commerce sales at Multivarejo surge.
- Insider Monkey
Is Companhia Brasileira de Distrib. (CBD) Going To Burn These Hedge Funds ?
We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds' top 3 stock picks returned 34.4% this year and beat the S&P […]
- Zacks
Outlook for Supermarkets Industry Rosy on Omnichannel Strength
Outlook for Supermarkets Industry Rosy on Omnichannel Strength
- Zacks
Companhia Brasileira in Rough Water, Assai Unit a Respite
Companhia Brasileira (CBD) is battling macroeconomic headwinds and hurdles related to high investment costs. However, the Assai segment continues to stand strong.
- Zacks
New Strong Sell Stocks for July 16th
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.
- Zacks
New Strong Sell Stocks for July 12th
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
- Reuters
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
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
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.
