SAO PAULO (AP) _ Companhia Brasileira de Distribuicao (CBD) on Thursday reported second-quarter profit of $566,000.

The Sao Paulo-based company said it had profit of less than 1 cent on a per-share basis.

The retailer posted revenue of $2.24 billion in the period.

CBD shares have dropped 57% since the beginning of the year. The stock has fallen 57% in the last 12 months.

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