Felipe Rached's questions to Companhia Brasileira de Distribuicao SA (CBDBY) leadership • Q1 2025
Question
Felipe Rached asked for more details on the sales trend and refurbishment impact at the Extra Mercado banner and questioned whether the new Board of Directors composition could help accelerate the resolution of tax liabilities.
Answer
Marcelo Pimentel, an executive, expressed satisfaction with Extra Mercado's performance, attributing its success to strategic assortment reviews and store layout changes. He confirmed that the plan is to complete the refurbishment of all stores by the end of the year. Regarding the Board, Pimentel stated that the new members' qualifications and experience are expected to provide valuable support and fresh perspectives on resolving the company's complex tax liabilities.