Casas Bahia Shows Recovery Signs Despite R$452 Million Q4 Loss

Brazilian retail giant Casas Bahia (BHIA3) reported a R$452 million ($75.3 million) net loss for the fourth quarter of 2024. The company disclosed these results on Wednesday, March 12, showing a 54.8% improvement compared to the R$1 billion ($166.7 million) loss recorded in the same period of 2023. The retailer missed analyst expectations, as Bloomberg […]