Brazilian supermarket group Companhia Brasileira de Distribuicao (CBD) posted soaring third-quarter profits on the back of strong sales late yesterday (4 November).  

The supermarket operator saw third-quarter net profit increase to BRL82.5m (US$38.7m), up from BRL34.7m booked during the comparable period of last year.  

EBITDA totalled BRL357.2m, a 49.9% increase on last year’s EBITDA of BRL238.3m.  

CBD’s net sales grew to BRL4.41bn, up from BRL3.50bn from a year ago, driven by increased customer traffic and pricing.

However, the company revealed that gross margins declined during the quarter, dipping to 27% compared with 28.7% in the third quarter of 2007. The company said that increasing price competitiveness in the Brazilian market was the main cause of this fall.  

CBD is jointly controlled by the Brazilian Diniz family and French retail company Casino Guichard Perrachon.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact