GROSS REVENUE UP 10.8% AND SAME-STORE SALES UP 6.3%
21 NEW STORES OPENED IN 1Q14
São Paulo, April 11, 2014 – GPA [BM&FBOVESPA: PCAR4; NYSE: CBD] and Via Varejo S.A. [BM&FBOVESPA: VVAR11] release the sales performance for the first quarter (1Q14) of 2014.
– Gross revenue up 10.8% to R$ 16.6 billion;
– Same-store sales up 6.3%. Sales growth suffered a negative impact of 130 bps due to calendar effect.
– Gross revenue up 9.1%;
– Same-store sales growth stood at 2.6% and was adversely affected by the Easter calendar effect. Adjusted for this effect, same-store sales grew 5.0%;
– 13 new stores.
– Gross revenue up 6.0% and same-store sales up 3.6%;
– 8 new stores.
– Gross revenue up 54.1%.
For the complete release, click here.