Profile
Sector:
Consumer CyclicalIndustry:
Department StoresCountry:
BrazilIPO:
08 March 1996Website:
http://www.gpari.com.brNext earnings report:
N/ALast dividends:
06 May 2022Next dividends:
N/APrice
regular market | Thu, 20 Jun 2024 13:30:00 GMTAnalysts recommendations
Institutional Ownership
CBD Latest News
Companhia Brasileira de Distribuicao SA (NYSE:CBD ) Q3 2023 Earnings Conference Call October 31, 2023 9:00 AM ET Company Participants Marcelo Pimentel - CEO & Director Rafael Russowsky - CFO & VP, Finance & IR Conference Call Participants Danniela Eiger - XP Vitor Fuziharo - Santander Nicolas Larrain - JPMorgan Chase & Co. Irma Sgarz - Goldman Sachs Group Operator Good morning, everyone, and thank you for holding. Welcome to GPA's Third Quarter of 2023 Earnings Call.
Companhia Brasileira De Distribuicao, operating under GPA Brazil, has strategically shifted its focus towards convenience stores, its most profitable business segment. GPA Brazil's most recent financial results demonstrate sequential improvement, with notable growth in same-store sales, especially within the Pão de Açúcar banner. The company is currently undergoing strategic transformation, with a focus on spin-offs and divestments, which could potentially serve as significant catalysts.
Companhia Brasileira (CBD) benefits from its focus on strategic priorities. Digital transformation and store expansions have been working well amid escalated costs.
The Zacks Retail - Supermarkets industry participants have been benefiting from robust omnichannel initiatives, rising store traffic and solid online demand. Walmart (WMT), The Kroger Co. (KR) and Companhia Brasileira (CBD) are notable stocks in the industry.
Companhia Brasileira de Distribuicao (NYSE:CBD ) Q1 2023 Results Conference Call May 4, 2023 9:00 AM ET Company Participants Marcelo Pimentel - Chief Executive Officer Guillaume Gras - Chief Financial Officer and Investor Relations Officer Conference Call Participants Felipe Cassimiro - Bradesco BBI Felipe Rached - Goldman Sachs Thiago Suedt - XP Maria Guedes - Citi Operator Good morning, everyone. And thank you for waiting.
What type of business is Companhia Brasileira de Distribuição?
Companhia Brasileira de Distribuição engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of supermarkets, specialized stores, and department stores in Brazil. It operates in Brazilian Retail, Grupo Éxito, and Other Businesses segments. The company sells non-perishables, beverages, fruits, vegetables, meat, breads, cold cuts, dairy products, cleaning products, disposable products, and personal care products; and home appliances and other non-food products, such as clothing and baby items, shoes and accessories, household articles, books, magazines, CDs and DVDs, stationery, toys, sports and camping gears, furniture, mobile phones, mattresses, pet products, and gardening equipment and tools, as well as electronic products, including personal computers, software, computer accessories, and sound and image systems. It also offers medications and cosmetics at its drugstores; and non-food products at gas stations, as well as rents commercial spaces and e-commerce sales. The company operates its supermarkets under the banners of Pão de Açúcar, Extra Supermercado, Mercado Extra, and Compre Bem; hypermarkets under the banner of Extra Hiper; and proximity stores under the banners of Mini Extra, Minuto Pão de Açúcar, Pão de Açúcar Adega, and Aliados Minimercado; and gas stations and drugstores under the banners of Extra and Pão de Açúcar, as well as sells its products through its Websites. As of December 31, 2021, it operated 667 stores, 74 gas stations, and 68 drugstores in 16 Brazilian states and the Federal District, as well as 15 distribution centers and warehouses across Brazil. The company was founded in 1948 and is headquartered in São Paulo, Brazil.
What sector is Companhia Brasileira de Distribuição in?
Companhia Brasileira de Distribuição is in the Consumer Cyclical sector
What industry is Companhia Brasileira de Distribuição in?
Companhia Brasileira de Distribuição is in the Department Stores industry
What country is Companhia Brasileira de Distribuição from?
Companhia Brasileira de Distribuição is headquartered in Brazil
When did Companhia Brasileira de Distribuição go public?
Companhia Brasileira de Distribuição initial public offering (IPO) was on 08 March 1996
What is Companhia Brasileira de Distribuição website?
https://www.gpari.com.br
Is Companhia Brasileira de Distribuição in the S&P 500?
No, Companhia Brasileira de Distribuição is not included in the S&P 500 index
Is Companhia Brasileira de Distribuição in the NASDAQ 100?
No, Companhia Brasileira de Distribuição is not included in the NASDAQ 100 index
Is Companhia Brasileira de Distribuição in the Dow Jones?
No, Companhia Brasileira de Distribuição is not included in the Dow Jones index
When does Companhia Brasileira de Distribuição report earnings?
Next earnings report date is not announced yet