GPA

Brazil’s GPA Triples Losses In Q4 2024

Brazilian retailer Grupo Pão de Açúcar (GPA) saw losses more than tripled in Q4 2024 to R$1.1 billion (€183.3 million), due to st...

Brazil’s GPA Reports Net Loss Of 76% In Third Quarter

Brazilian grocery retailer GPA reported a net loss of R$311 million (€51 million) in the third quarter of 2024, representing a 76% decrease compared t...

GPA Narrows Losses In Second Quarter, Revenues Rise 2.5%

Brazilian retailer GPA reported a loss of 332 million reais (€55.2 million) in the second quarter of the year, a 21.9% improvement year-on-year, while...

Groupe Casino Open To Selling GPA Stake As Brazil Retailer No Longer Strategic

Groupe Casino no longer considers Brazil's GPA a strategic holding and is open to selling its remaining 22.5% stake in the company.

Brazil's GPA Sells Sao Paulo Fuel Stations To Ultrapar

Brazilian retailer GPA has agreed to sell its network of gas stations in Sao Paulo state to conglomerate Ultrapar as part of a broader push to divest from...

Brazil's GPA Posts Steeper Net Loss In First Quarter As Taxes, Impairment Weigh

Brazilian food retailer GPA said its first-quarter net loss for continuing operations widened by nearly 28% from a year-ago period.

Brazil’s Supermarkets Break Through R$1trn Revenue Barrier

Brazilian supermarkets broke the barrier of R$1 trillion (€184 billion) in revenue last year, corresponding to 9.2% of GDP, according to the Brazilian...

Brazil's GPA Reports Sharply Narrower Fourth-Quarter Loss

Brazilian food retailer GPA, controlled by France's Casino, reported that its fourth-quarter loss narrowed to 303 million reais ($61.36 million), improving...