Companhia Brasileira de Distribuicao: Gross margin expanded 2.9 p.p. and pro forma leverage is projected to drop to 0.9x

About this update from Companhia Brasileira De Distribuicao

Same-store sales grew 0.6% year-over-year, with gross margin up 2.9 p.p. to 30.4% and adjusted EBITDA margin rising to 10.5%. Debt restructuring through an extrajudicial recovery plan is set to reduce leverage and improve financial sustainability.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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