• 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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