GPA Q3 results

Date : 19 October 2017

We look at Brazilian retailer GPA’s Q3 results in detail and assess the retailer’s strategies for future growth. Strong performance driven by Assaí; • Net sales of BRL$10.9 bn (US$3.4 bn) • +8.1% vs. Q316 in sales • +0.6% same store sales in Multivarejo • +25.2% growth in Assaí ,…

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