A Sneak Peek At Companhia Brasileira de Distribuicao ($CBD) 3Q20 Earnings

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Companhia Brasileira de Distribuicao (NYSE:CBD) is reporting third quarter financial results on Wednesday 4th November 2020, after market close.

Previous Quarter Performance

Companhia Brasileira de Distribuicao revealed income for the second quarter of $ 0.19 per share, from the revenue of $ 3,869.00 million.

Stock Performance

Shares of Companhia Brasileira de Distribuicao traded up $ 0.02 or 0.18 percent on Tuesday, reaching $ 10.86 with volume of 357.90 thousand shares. Companhia Brasileira de Distribuicao has traded high as $ 11.01 and has cracked $ 10.78 on the downward trend

According to the previous trading day, closing price of $ 10.86, representing a 15.44 % increase from the 52 week low of $ 9.39 and a 52.12 % decrease over the 52 week high of $ 22.64.

The company has a market capital of $ 2.90 billion and is part of the Consumer Cyclical sector and Department Stores industry.

Companhia Brasileira de Distribuição engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of hypermarkets, supermarkets, specialized stores, and department stores in Brazil. The company operates through two segments, Food Retail; and Cash and Carry. The Food retail segment sells non-perishables, beverages, fruits, vegetables, meat, breads, cold cuts, dairy products, cleaning products, disposable products, and personal care products; and home appliances and non-food products, such as clothing and baby items, shoes and accessories, household articles, books, magazines, CDs and DVDs, stationery, handcrafts, 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.