• Gross sales revenue grew 9.9% to R$12.8 billion, supported by faster growth at Multivarejo and the solid performance of Assaí
  • Same-store gross sales excluding the calendar effect advanced 5.1%, representing important growth in relation to 1Q18 (+2.8%), confirming the strong recovery in sales at Multivarejo that began in March. All banners posted strong sales volume growth
  • Multivarejo's market share has been increasing since March, resulting in a 100 bps gain accumulated for the months of April and May (source: Nielsen), with Extra Hiper and Pão de Açúcar driving growth
  • Higher penetration of the My Discount application, which already has registered around 6.0 million downloads and growth of approximately 35% in monthly purchases by loyal customers
  • The multi-channel, multi-format portfolio and the team's firm commitment made it possible to mitigate the impacts from the truck drivers' strike, enabling us to reaffirm our guidance for 2018

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Last Update on July 13, 2018

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CBD - Companhia Brasileira de Distribuição published this content on 13 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 July 2018 11:59:05 UTC