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Published 10 days ago

Assault has SSS above inflation and better leverage guidance.

Summary by braziljournal.com
Assaí has just reported strong sales growth in the first quarter, as well as an improvement in margins. The company's liquid revenue, headed by Belmiro Gomes, jumped 14.1% to $17.2 billion in January to March — the Refinitive consensus pointed to a revenue of $17.4 billion. The sales of the same-store sales came up by 5.2% in the year-on-year comparison. Excluding the calendar effect (including a day off in February and the Easter holidays in th…

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