1T17 Results
(World News Brazil)

São Paulo, April 27, 2017- GPA [BM&FBOVESPA: PCAR4; and NYSE: CBD] announces its results for the first quarter of 2017 (1Q17). The comments refer to the consolidated results of the Group or of its business units. All comparisons are with the same period in 2016, except where stated otherwise. Food segment net sales reach R$10.5 billion, driven by consistent growth at Assaí and recovery at Extra Hiper Multivarejo Sequential volume recovery and improved customer traffic trend translated into market share gains in the period Notable growth in same-store sales at Extra Hiper of 5.4%, with...