Sendas Distribuidora S.A. - ADR Stock News

I recommend holding Sendas Distribuidora shares, due to improving results but challenging Brazilian macroeconomic conditions and high interest rates. Sendas Distribuidora's revenue grew 9.5% y/y, driven by new store openings and food inflation, with improved margins and profitability. The company's deleveraging efforts and pragmatic 2025 strategy are positive, but the high Brazilian interest ra...

SÃO PAULO, Dec. 19, 2024 /PRNewswire/ -- Sendas Distribuidora S.A. (B3: ASAI3; NYSE: ASAI) ("Company") announces that the Company's Board of Directors approved at the meeting held on this date, the intention of the Company to proceed with the voluntary delisting of its American Depositary Shares ("ADSs"), each representing five common shares of the Company and represented by American Depositary...