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Companhia Brasileira de Distribuicao (PCAR4.SA)

PCAR4.SA on Sao Paulo Stock Exchange

78.70BRL
17 May 2018
Change (% chg)

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R$ 78.70
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1,044,507
52-wk High
R$ 82.15
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R$ 62.33

Latest Key Developments (Source: Significant Developments)

Monoprix to sharply boost online revenue in next 3 years
Tuesday, 15 May 2018 

May 15 (Reuters) - Monoprix CEO Regis Schultz tells Casino annual shareholders meeeting::Monoprix expects to multiply by five its online revenue in the next three years, thanks notably to recent partnership deals, including one with Amazon <<>>..Source text for Eikon: [ID:].  Full Article

Casino says Q1 makes it confident over 2018 guidance
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Casino CFO Antoine Giscard d'Estaing tells analysts::CFO SAYS STRONG Q1 SALES "GIVES US COMFORT OVER DETAILED GUDANCE FOR 2018 WE GAVE IN MARCH ".CFO DECLINES TO COMMENT MARKET CONSENSUS FOR 2018 EBIT.CFO SAYS EXPECTS END OF FOOD DEFLATION IN BRAZIL IN H2.  Full Article

Casino keeps 2018 goals, no talks with Amazon in Brazil
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Casino CFO Antoine Giscard d'Estaing tells journalists during a call: :KEEPS ALL 2018 FINANCIAL GOALS - CFO.CFO SAYS SALE PROCESS FOR VIA VAREJO UNIT CONTINUES , NOTHING NEW TO REPORT AT THIS STAGE.CFO REITERATES EXPECTS FRENCH GEANT HYPERMARKETS TO BE PROFITABLE IN 2018.CFO SAYS THERE ARE NO DISCUSSIONS WITH AMAZON REGARDING VIA VAREJO IN BRAZIL.  Full Article

Brazil's CNova unit finishes internal investigation - GPA
Wednesday, 27 Jul 2016 

: Brazil's Companhia Brasileira de Distribuicao, also known as GPA SA , Brazil's largest retailer, said the internal investigation into the group's subsidiary CNova Brasil had finished . The investigation's findings regarding inflated sales, inconsistencies in reporting stocks and other irregular accounting has already prompted the Brazilian unit of CNova to lower its yearend financial statements stretching back to December 2013 . The administration of GPA recommends that it restate its yearend financial results for the past three years to reflect the adjustments to CNova NV's adjusted statements . The company said if approved by the board, it could result in a reduction of GPA's net income by 512 million reais as well as a reduction of its net worth of company assets by 304 million reais over the period Related story [nL2N1882DK] (Reporting by Reese Ewing) ((reese.ewing@thomsonreuters.com; +5511 98160-4173)) Keywords: P. ACUCAR CBD CNOVA/VIA VAREJO.  Full Article

UPDATE 2-Retailer Casino's 2018 goals on track as French performance improves

* Keeps 2018 goals, positive French sales trend continuing in Q2 (Recasts with CFO comments, shares, analysts)