Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

B2W Rallies Most in Seven Weeks on Sales Gain: Sao Paulo Mover

B2W Cia. Global do Varejo, Brazil’s biggest online retailer, gained the most in seven weeks after reporting sales jumped 33 percent in the fourth quarter, beating analysts’ estimates.

Shares rose 5.1 percent to 15.57 reais at the close of trading in Sao Paulo, the most since Jan. 17. Lojas Americanas SA, which controls B2W, added 2 percent to 18.25 reais, extending its three-day advance to 4.2 percent. The benchmark Bovespa index fell 0.7 percent.

B2W’s sales increased to 1.6 billion reais ($823 million) in the three months through December from 1.2 billion reais a year earlier, according to data compiled by Bloomberg after the company released results yesterday. That compares with an average estimate of 1.4 billion reais among 10 analysts surveyed by Bloomberg.

“Sales acceleration is the crucial driver to dilute the company’s heavy expense structure, ultimately driving margin expansion and cash-flow generation in the long term,” Tobias Stingelin, Ronaldo Kasinsky and Bruno Soares Taveira, analysts at Banco Santander Brasil SA, wrote today in a note to clients.

B2W declined 8.4 percent this year while Lojas Americanas retreated 0.4 percent and the benchmark Bovespa index slid 4.1 percent during the same period.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.