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Casas Bahia Lifts Sales And Cash Flow, But Debt Costs Keep Losses Deep

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Casas Bahia closed the third quarter with stronger sales and tighter operations, yet still posted a wider loss as financing costs weighed on results. The retailer reported a net loss of R$496 million ($92 million), compared with R$369 million ($68 million) a year earlier, even as shoppers bought more across stores and digital channels. Total […]



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