ASAI
Sendas Distribuidora S.A. American Depositary Share (each representing five common shares)ASAI
ASAI
Delisted
ASAI was delisted on the 8th of January, 2025.
About: Sendas Distribuidora SA is involved in the consumer goods business. Its cash and carry operations involve sales of more than 8,000 items of grocery, food, perishable, beverage, wrapping, hygiene, and cleaning products, among others. Its customers include prepared food retailers (including restaurants, pizzerias, and snack bars), end-users (including schools, small businesses, religious institutions, hospitals, and hotels), conventional retailers such as grocery stores and neighborhood supermarkets, and individuals. Its stores are located throughout 23 Brazilian states.
Employees: 77,370
Financial journalist opinion
Positive
Seeking Alpha
2 months ago
Sendas Distribuidora Q4: Despite Positive Performance, Caution Is Essential
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 rate curve poses risks.
Neutral
Seeking Alpha
2 months ago
Sendas Distribuidora S.A. (ASAIY) Q4 2024 Earnings Call Transcript
Sendas Distribuidora S.A. (OTC:ASAIY) Q4 2024 Results Conference Call February 20, 2025 9:00 AM ET Company Participants Belmiro de Gomes - Chief Executive Officer Vitor Faga - Vice President-Finances and Investor Relations Sandra Vicari - Vice President-Commercial and Logistics Anderson Castilho - Vice President of Operations Conference Call Participants Danniela Eiger - XP Felipe Rached - Goldman Sachs Joseph Giordano - JPMorgan João Soares - Citi Ruben Couto - Santander Operator Welcome to the earnings call for the Fourth Quarter of 2024 at Assaí Atacadista.
Neutral
PRNewsWire
4 months ago
SENDAS ANNOUNCES INTENTION TO VOLUNTARILY DELIST ITS AMERICAN DEPOSITARY SHARES FROM NYSE
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 Receipts ("ADRs"), from the New York Stock Exchange ("NYSE") ("Delisting"), including the change of the Company's ADR program to Level 1, in order to enable investors to maintain ownership of their ADSs, which may be traded on over-the-counter markets after the Delisting, as applicable, and deregistration with the United States Securities and Exchange Commission ("SEC"), once the Company complies with the applicable deregistration requirements.
Neutral
Seeking Alpha
6 months ago
Sendas Distribuidora S.A. (ASAI) Q3 2024 Earnings Call Transcript
Sendas Distribuidora S.A. (NYSE:ASAI ) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Gabrielle Helú - Investor Relations Director Belmiro de Gomes - Chief Executive Officer Vitor Fagá - Vice President-Finances and Investor Relations Sandra Vicari - Vice President-Commercial and Logistics Wlamir dos Anjos - Commercial Vice President and Logistics Conference Call Participants Joseph Giordano - JPMorgan João Pedro Soares - Citi Danniela Eiger - XP Eric Huang - Santander Luiz Felipe Guanais - BTG Irma Sgarz - Goldman Sachs Vinicius Strano - UBS Daniela Bretthauer - HSBC Operator Good afternoon and thank you for waiting.
Neutral
Seeking Alpha
8 months ago
Sendas Distribuidora Q2: High Leverage Overshadows Profitability
Despite improved margins from cost control and store maturation, the company's high leverage remains a concern, impacting profitability. Valuation shows a potential downside of 6.7%, making the shares unattractive; however, a potential merger with Grupo Mateus could alter the outlook. Overall, advise waiting for further deleveraging and developments regarding the merger before making any changes to the investment position.
Neutral
Seeking Alpha
9 months ago
Sendas Distribuidora S.A. (ASAI) Q2 2024 Earnings Call Transcript
Sendas Distribuidora S.A. (NYSE:ASAI ) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Gabrielle Helú - IR Director Belmiro Gomes - CEO Vitor Fagá - VP-Finances and IR Sandra Vicari - VP-Commercial and Logistics Conference Call Participants João Pedro Soares - Citi Clara Lustosa - Itau BBA Danniela Eiger - XP Eric Huang - Santander Luiz Guanais - BTG Pactual Felipe Rached - Goldman Sachs Vinicius Strano - UBS Bob Ford - Bank of America Nicolas Larrain - JPMorgan Andrew Ruben - Morgan Stanley Operator Good morning, everyone, and thank you for waiting.
Positive
Zacks Investment Research
10 months ago
Is Sendas Distribuidora (ASAI) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
Zacks Investment Research
10 months ago
ASAI or VZIO: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Consumer Products - Discretionary sector have probably already heard of Sendas Distribuidora S.A. Sponsored ADR (ASAI) and VIZIO Holding Corp. (VZIO).
Positive
Seeking Alpha
11 months ago
Sendas Distribuidora: The Costco Of Brazil
Assai is the second largest grocery player in Brazil's cash and carry segment, with significant growth potential. The company has been aggressively increasing its store count and expects continued organic store growth. Profitability has been impacted by investments in store conversions and store openings, but is expected to improve as the stores mature and SG&A costs decrease.
Neutral
Seeking Alpha
1 year ago
Sendas Distribuidora S.A. (ASAI) Q1 2024 Earnings Call Transcript
Sendas Distribuidora S.A. (ASAI) Q1 2024 Earnings Call Transcript
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