Brazilian supermarket chain Companhia Brasileira de Distribuicao (CBD) posted a 79.1% rise in net income for the first half as a result of tighter cost controls.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Net income for the period to 30 June was at BRL113.7m (US$71.9m) from $63.5m for the previous year.


Net sales were up 19.9% to BRL8.48bn from $7.07bn from he same period last year.


Same-store food products sales posted year-on-year growth of 2.4%, while non-food items grew by 10.4%, led by the entertainment and general merchandise categories.


Investments totalled BRL105.2m in the last quarter compared with BRL216.7m in the second quarter of 2007.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Total operating expenses, including taxes and other charges, represented 18.9% of net sales, lower than the annual target of 19%, due to a “major process overhaul” and changes in the corporate structure, the company said.