BHIA3.SA Grupo Casas Bahia S.A. Loading...

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18:00
Aug 17
Bloomberg Newswire (@business)
Casas Bahia filed for bankruptcy protection in Sao Paulo after an out-of-court debt.
Casas Bahia filed for bankruptcy protection in Sao Paulo after an out-of-court debt restructuring with its main creditors proved insufficient to resolve its financial troubles.
BHIA3.SA
11:00
Aug 17
Fernando Ulrich Financial Commentator, Independent Fernando Ulrich
High rates destroy Casas Bahia.
A Casas Bahia reportou prejuízo de mais de R$ 10 bilhões no segundo trimestre, fechou quase 300 lojas e avalia nova recuperação judicial. Ulrich concorda que a principal causa não é só gestão ou competição, mas os juros estruturalmente altos que inviabilizam negócios dependentes de crediário e financiamento, como o varejo.
BHIA3.SA 1ST
HIGH

About BHIA3.SA Analyst Coverage

Buzzberg tracks BHIA3.SA (Grupo Casas Bahia S.A.) across 2 sources. 0 bullish vs 0 bearish calls from 2 analysts. Sentiment: evenly split. 2 total trade ideas tracked. Past 7 days: 2 watch. Latest voices: Bloomberg, Fernando Ulrich.