FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of September, 2002
Brazilian Distribution Company
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(Translation of Registrant's Name Into English)
Av. Brigadeiro Luiz Antonio,
3126 Sao Paulo, SP 01402-901
Brazil
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(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
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(Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes No X
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Companhia Brasileira de Distribuicao (CBD)
Announces August 2002 Net Sales
Sao Paulo, Brazil, September 16, 2002 - Companhia Brasileira de Distribuicao
(NYSE [CBD]; BOVESPA [PCAR4]) today announced preliminary, non-audited August
2002 sales figures. The information is presented based on consolidated figures
and in Reais, in accordance with Corporate Law.
In August 2002, gross sales of Companhia Brasileira de Distribuicao totaled
R$939.9 million, a 28.6% growth compared to the same month in 2001. Total net
sales in the period totaled R$795.9 million, representing also a 28.6% growth.
Same store sales registered a 7.7% growth compared to the same period in the
previous year. It is important to mention that all the Company's divisions
presented growth in same store sales, despite the unstable economic scenario.
The highlights of the month were the Barateiro Division, which once more
presented a two-digit growth; the good performance of the hypermarkets; and the
success of the anniversary promotions of the Pao de Acucar Division.
Same store sales of food products increased by 7.0%; same store sales of
non-food products increased by 10.9%.
In August, the Company opened another Extra hypermarket in Brasilia, DF, adding
10.8 thousand m2 in sales area. We would also like to mention that on September
05, CBD extended its presence in another Brazilian state, with the inauguration
of the Extra hypermarket in Goiania, state of Goias, which added 9.4 thousand m2
to our sales area.
Sales Performance
Same Stores Total Stores
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June 2001 -2.5% 4.0%
July 2001 -9.9% -6.7%
August 2001 -5.8% -4.8%
September 2001 -4.9% -3.0%
October 2001 -6.6% -3.6%
November 2001 -3.5% 2.8%
December 2001 -2.8% 4.1%
January 2002 -1.4% 5.9%
February 2002 -2.8% 4.8%
March 2002 7.1% 15.7%
April 2002 -7.8% 1.5%
May 2002 7.2% 17.3%
June 2002 3.3% 12.8%
July 2002 5.3% 24.8%
August 2002 7.7*% 28.6*%
Note: Same store sales figures include only the stores which have been operating
for at least 12 months.
* If deflated by IPCA, sales performance in August was 19.7% higher than the one
registered in the same period in 2001. Same store sales' performance was 0.2%.
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COMPANHIA BRASILEIRA DE DISTRIBUICAO (CBD) THOMSON FINANCIAL INVESTOR RELATIONS
Fernando Tracanella Doris Pompeu
Investor Relations Manager Phone: (11) 3848 0887 ext. 208
Daniela Sabbag E-mail: doris.pompeu@thomsonir.com.br
Financial Analyst
Phone: (11) 3886 0421 Fax: (11) 3884 2677
E-mail: pa.relmerc@paodeacucar.com.br
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Website: http://www.grupopaodeacucar.com.br
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The statements contained in this release referring to the perspective for the
Company's businesses, to projections of operating and financial results, and to
the Company's growth potential, are mere predictions and were based on
Management's expectations in relation to the Company's future. These
expectations are highly dependent on market changes, on Brazil's general
economic performance, on industry and on the international markets and are,
therefore, subject to change.
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SIGNATURES
Pursuant to the requirement of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
COMPANHIA BRASILEIRA DE DISTRIBUICAO
Date: September 18, 2002 By: /s/ Augusto Marques da Cruz Filho
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Name: Augusto Marques da Cruz Filho
Title: Chief Financial Officer
By: /s/ Aymar Giglio Junior
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Name: Aymar Giglio Junior
Title: Investor Relations Officer