|Bid||16.57 x 0|
|Ask||16.59 x 0|
|Day's Range||16.46 - 16.80|
|52 Week Range||14.23 - 21.32|
|Beta (3Y Monthly)||1.25|
|PE Ratio (TTM)||86.65|
|Earnings Date||Feb 19, 2018 - Feb 23, 2018|
|Forward Dividend & Yield||0.08 (0.45%)|
|1y Target Est||21.29|
Brazilian retailer Lojas Americanas should accelerate investments in the next quarters to fulfill a previously announced plan to double the number of stores between 2015 and 2019, Chief Financial Officer Carlos Padilha said on Friday. "To reach the target of 800 new stores between 2015 and 2019 we have to open 224 this year", Padilha told Reuters in an interview, adding that at least 40 of them will be convenience stores. On May 2, Reuters reported that Lojas Americanas was among five groups bidding to operate convenience stores in gas stations run by Petrobras Distribuidora SA, the largest fuel distributor in Brazil.
Petrobras Distribuidora SA , Brazil's largest fuel distributor, has received five bids from retailers to partner for the operation of its convenience stores in gas stations, one source with knowledge of the matter said on Thursday. Among the groups that delivered proposals, are retailer Lojas Americanas SA and restaurant operators International Meal Company and privately-held Sapore, said the source, who requested anonymity because the talks are private. Mexico's convenience store chain Oxxo, controlled by Femsa SAB de CV, also delivered a bid, as well as Sforza Holding, the family offices that manages the fortune of Brazilian billionaire Carlos Wizard Martins, which owns retailers, restaurants and education companies in Brazil.