Managers at Lojas Americanas surprised customers and the market yesterday (11) by announcing a discovery. 20 billion BRL open in the company. These so-called “accounting inconsistencies” led to the resignation of company president Sérgio Rial.
“It is not yet possible to determine the full implications of the inconsistencies in the company’s income statement,” the trading giant said. The company stated that the amount to close the gap should come out of the box itself.
The situation also led to the departure of André Covre, director of investor relations at Lojas Americanas.
Market analysts predict that the brand’s shares should drop more, 75%, this Thursday (12). The devaluation may cause the shares to trade for around R$3 each.
While it did cause some panic among those with Lojas Americanas stock in their portfolio, news of the leak caused the internet to openly mock the situation.
Many have joked about the state of the company, and this joke is even “guessing” what consumers will do in the event of a possible bankruptcy.
Check below Lojas Americanas with memes:
I picture the kid in the American accounting department there in Excel, then he stops, looks at the screen, scratches his head, presses the keyboard again, sharpens his eyes, folds his arms, enters, pokes his colleague next to him and says: hey rosimeire was doing some calculations here and we – 20 billion balance
— Marcus Vinicius (@_oMarcus) January 12, 2023
If America goes bankrupt, where will I buy candy before I go to the movies? pic.twitter.com/C18XXK9iiT
– the House?? ???:the hate you give (@Aimeucorashawn4) January 12, 2023
The American store counter did the same when it saw a 20 BILLION deficit: pic.twitter.com/FOTB3jNHYL
— sam?? (@milksmyy) January 12, 2023
Urgent promotion: Buy Americanas for R$10 billion and get R$20 billion Cashback on AME!
— Felipe Hermes (@Felipe_Hermes) January 12, 2023
Lojas Americanas chain files for bankruptcy //
There will be a Fini promotion for 1.00 reais when all stores close pic.twitter.com/yEze6dogee
— Wellington Oliveira (@well_author) January 11, 2023
And Americans huh? 20 billion dude pic.twitter.com/okzckxRmck
— Ana was Paula, now Natasha (@napaulaforabozo) January 12, 2023
The president of Americanas didn’t hit 20 billion but whoever finds something in that shop mess after all
— Party Algorithm (@gatosabado) January 11, 2023
If Americanas does indeed go bankrupt, my greatest interest is to see overpriced games selling for less than fifty reais on the shelves. pic.twitter.com/YwASBiQEIy
— Molan (@molantpk_) January 12, 2023
People stealing candy at Lojas Americanas for 50 years, here’s the result, R$ 20 billion ??????
— Sincere Economist (@mendlowicz) January 11, 2023
americanas tomorrow https://t.co/V0t0MB0G2z pic.twitter.com/r8FqGRnJ35
– couto (@coutoartdump) January 12, 2023
Source: Tec Mundo