|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||7.17 - 7.37|
|52 Week Range||4.96 - 14.69|
|Beta (5Y Monthly)||0.89|
|PE Ratio (TTM)||21.53|
|Forward Dividend & Yield||0.06 (0.88%)|
|Ex-Dividend Date||Sep 25, 2020|
|1y Target Est||N/A|
Brazil's battered retailers are starting to reopen after weeks of coronavirus lockdown but may exit the crisis transformed, with the e-commerce sector strengthened and brick-and-mortar chains facing an uphill path to normality. All still have room to grow their marketplace platforms for at least two more years, said Thiago Macruz, retail and e-commerce analyst at Itaú BBA, who said the rising migration of customers to online shopping is likely to overshadow economic headwinds. Shares in B2W, which operates under brands like Submarino and Americanas.com, have risen more than 16% so far this year, outperforming an almost 30% slump in Brazil's benchmark index Ibovespa and rivals Magazine Luiza and Via Varejo, which own more than 1,000 brick-and-mortar stores each.
The concert, which drew 3.3 million peak concurrent viewers - a worldwide record for YouTube - was one of the most dramatic signs yet of how live streaming has gone viral in Brazil as the coronavirus lockdown has virtually paralyzed Latin America's most populous country. With much of the world stuck at home, YouTube's top 10 most-watched concerts in real time all took place this month - and seven of those were by Brazilian artists, the Alphabet Inc-owned platform said. Mendonca led the list, followed by sertanejo duo Jorge & Mateus, ahead of Andrea Bocelli's solo Easter concert from an empty Duomo cathedral in Milan.
In a securities filing late on Saturday, the company said its white goods chains Casa Bahia and Ponte Frio will close their 845 and 216 stores, respectively, with immediate effect, although online operations will continue. In recent days, Riachuelo, Marisa Lojas and Lojas Renner have all announced the indefinite closure of all stores, meaning thousands of bricks and mortar shops of many of Brazil's most recognizable chains now have their shutters up. As of Saturday, at least 18 people had died from the virus in Brazil, according to the health ministry, and more than 1,000 people are infected across the country.