With no Carnival party in Brazil, vendors lose year's biggest payday [Reuters]
Ambev S.A. American Depositary Shares (Each representing 1 Common Share) (ABEV)
Last ambev s.a. american depositary shares (each representing 1 common share) earnings: 2/28 04:00 pm
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Source: Reuters
With no Carnival party in Brazil, vendors lose year's biggest payday By Leondardo Benassatto 2 Min Read SAO PAULO (Reuters) - Beyond disappointing revelers, the cancellation of Brazil’s annual Carnival celebrations amid a resurgence of COVID-19 also means that street vendors living on the margins will miss out on what for many is the biggest payday of the year. Claudia Máximo Torres and her wife Daylane normally sell some 10,000 cans of beer to partygoers at Carnival time in São Paulo, where parties can stretch over several weeks, earning them a profit of more than 7,000 reais ($1,300). “For Carnival, the numbers are extravagant,” said 38-year-old Torres. “Literally, we now have to throw all that out the window.” The couple are among tens of thousands who work as street vendors, known as “ambulantes” in Portuguese for their wheeled coolers that allow them to circulate in the crowds, who will miss out on the annual boon. “The ambulantes work with us every year and they are suffering a
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ABEV
News
- AMBEV'S 2023 ANNUAL REPORT ON FORM 20-F AVAILABLE ON OUR WEBSITEPR Newswire
- Ambev S.A. (NYSE: ABEV) was downgraded by analysts at Barclays PLC to an "equal weight" rating. They now have a $3.00 price target on the stock, down previously from $3.50.MarketBeat
- Ambev S.A. (NYSE:ABEV) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Ambev S.A. (NYSE: ABEV) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating.MarketBeat
- Ambev S.A. (NYSE: ABEV) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
ABEV
Earnings
- 3/1/24 - Beat
ABEV
Sec Filings
- 4/9/24 - Form 6-K
- 4/9/24 - Form 6-K
- 3/29/24 - Form 6-K
- ABEV's page on the SEC website