Luiz Guanais's questions to ASAI leadership • Q4 2023
Question
Asked about the competitive environment at the end of 2023 and the start of 2024, and inquired about the primary drivers for future growth, specifically the balance between market share gains and productivity improvements.
Answer
The competitive environment is intense, but Assai's unique value proposition (central locations, enhanced services) allows it to attract customers from both cash & carry competitors and traditional retail. Q4 results demonstrate their ability to perform well in this scenario. Future growth will come from volume gains, as seen in early 2024, and capturing more spending as the economy improves, rather than relying on inflation.