São Paulo, July 23rd, 2014 – GPA [BM&FBOVESPA: PCAR4; and NYSE: CBD] releases its second quarter (2Q14) of 2014 earnings results.


Net revenue of R$ 15,203 billion, increasing 13.4%
Adjusted net income advances 26.3% to R$ 407 million

Food Businesses (Multivarejo + Assaí)

Adjusted EBITDA up 20.1% to R$ 615 million, with margin of 7.3%
Adjusted net income of R$ 224 million, up 31.0% from 2Q13

Via Varejo + Nova Pontocom

Adjusted EBITDA increases 22.3% to R$ 540 million, with margin of 7.9%
Adjusted net income of R$ 183 million, up 20.9% from 2Q13

Click on the links below in order to access:

2Q14 Earnings Release

2Q14 ITR


July 24th, 2014
11:00 a.m. (Brasília time) | 10:00 a.m. (NY) | 3:00 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) 2188-0155
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.