• GPA Food´s total sales rose to 12.1% in 4Q18, with strong same-store sales growth of 6.9%, significantly above inflation.
  • The highlight was total sales and same-store sales in December, which advanced 15.4% and 9.7%, respectively.
  • In 2018, gross revenue totaled R$ 53.6 billion, representing robust growth of 10.7%.
  • The multi-channel, multi-format and multi-region portfolio and the digital transformation and omnichannel initiatives, supported sales performance above the industry average and enable the group to meet its guidance for the year.

(1) Includes Extra Hiper stores converted to Assaí, which in 4Q18 contributed 40 bps to Food and 80 bps to Assaí.
(2) In 4Q18, the calendar effect was -30 bps for GPA Food, with -20 bps at Multivarejo and -30 bps at Assaí.

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Last Update on January 11, 2019