CBD Stock Recent 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.

The Zacks Retail - Supermarkets industry players are battling cost inflation and supply-chain hurdles. Efforts to boost omnichannel operations keep Walmart (WMT), The Kroger Co. (KR) and Companhia Brasileira (CBD) well placed.

Here is how CBD (CBD) and Chuy's Holdings (CHUY) have performed compared to their sector so far this year.

Companhia Brasileira de Distribuição (NYSE:CBD ) Q3 2022 Earnings Conference Call November 4, 2022 9:00 AM ET Company Participants Marcelo Pimentel – Chief Executive Officer Guillaume Gras – Chief Financial Officer and Investor Relations Officer Conference Call Participants Marcella Recchia – Credit Suisse Joseph Giordano – J.P. Morgan Gustavo Fratini – Goldman Sachs Vinicius Pretto – Bank of America Operator Good morning to everyone.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.