Fernando Tracanella Sales Quotations

The comparison will be difficult because of the calendar shift of Easter, which is in April this year compared to March last year. That will have a big impact on the March numbers. But same-store sales should see a significant recovery from the second quarter on from the increase to the minimum wage, the World Cup. There will be many drivers.

The company's sales were affected by deflation in food prices, lower disposable income for consumers and higher consumer debt levels because of previous purchases of durable goods on credit.