, 2015 - GPA [BM&FBOVESPA: PCAR4; and NYSE: CBD] releases its first quarter (1Q15) of 2015 earnings results.

Consolidated

Consolidated net sales grew 14.8%, with 211 new stores in the last 12 months (20 in the quarter)
Cash position R$ 771 million higher than in 1Q14
Increase of 2.1% in Adjusted EBITDA and 7.3% in Net income, on comparable basis

Food Businesses (Multivarejo + Assaí)

Recovery in food category performance with same-store sales growth of 4.9% (vs. 2.1% in 4Q14)
Assaí's EBITDA grows 30.4%

Via Varejo

Continued gains in market share
EBITDA margin of 10.1%, expanding 110 bps from 1Q14
Net income growth of 42.5%

Click on the links below in order to access:

1Q15 Earnings Release

Spreadsheet

CONFERENCE CALL WITH WEBCAST
May 8 th, 2015
10:30 a.m. (Brasília time) | 9:30 a.m. (NY) | 2:30 p.m. (London)
Conference in English (simultaneous translation)
+1 (646) 843-6054
Webcast: click here.
Conference in Portuguese (original language)
+55 (11) 2188-0155
Webcast: click here.

Replay: +55 (11) 2188-0400
Access code for audio in English: GPA
Access code for audio in Portuguese: GPA
The conference call will also be available in audio format on http://www.gpari.com.br/.

Please dial in five minutes prior to the scheduled conference call time.

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