Viavarejo raises revenue in 17.4% in third quarter

The Viavarejo, the holding company of brands and Casas Bahia Pontofrio and NovaPontocom, controlled by Grupo Pão de Açúcar (GPA), registers in the third quarter net revenue of R $ 6,333 billion, which means an increase of 17.4 percent over the same period in 2012. The gross revenue totaled r $ 7.3 billion, 17.6% higher.
As sales performance report, the GPA assigns the result the acceleration in sales growth in every business (physical stores and e-commerce), "with signs of market share gain in the period", although it does not say how much. To physical stores, the increase of 10.8% was in same-store sales (open for over a year), with emphasis on cell phones, tablets, and TVs.
The net revenue of the physical stores were 13.6% higher in the third quarter, scoring 5306 billion Reais. In new dot com, net revenue reached r $ 1,075 billion, 40.7% over the third quarter of 2012. In gross revenue was growth of 43.9%, as cites the report, "the largest quarterly growth the past 12 quarters, as a function of greater price competitiveness. This result was underpinned by a greater flow of customers on their websites, as well as for a better conversion rate. "
See also: Pão de Açúcar sales grow 15.8% in Q3
In the business Viavarejo were delivered five new stores, with growth of same-store sales of 15.4% in the third quarter. Performance report-quarter sales reports that deal with real estate ventures in the nine months of the year had revenue of $ 98 million for the group. The Sugar Loaf (Pão de Açúcar) disclose third-quarter balance on 16 October.