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GPA CEO: Co Will Slow Down Store Openings In H2

ReutersAug 6, 2025 1:59 PM

- Companhia Brasileira de Distribuicao SA PCAR3.SA:

  • CEO: CO WILL SLOW DOWN STORE OPENINGS IN THE 2H OF YEAR DUE TO HIGH INTEREST RATES

  • EXEC: 2026 STORE OPENINGS WILL ALSO SLOWDOWN

  • CEO ON U.S. TARIFFS: SOME SUPPLIERS HAVE ALREADY STARTED ADAPTING TO INFLATIONARY REALITIES

  • CEO: CO HAS TWO TO THREE SIGNIFICANT TRANSACTIONS INVOLVING NON-STRATEGIC ASSETS THAT COULD BRING IN 'A FEW HUNDRED MILLION' REAIS

  • CEO: INVESTMENT IN 2026 SHOULD HAVE SIGNIFICANT REDUCTION

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