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 June, 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
(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
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: June 12, 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
Companhia Brasileira de Distribuicao (CBD)
Announces May 2002 Net Sales
Sao Paulo, Brazil, June 12, 2002 - Companhia Brasileira de Distribuicao (NYSE
(CBD); BOVESPA (PCAR4)) today announced preliminary, non-audited May 2002 net
sales figures. The information is presented based on consolidated figures and in
Reais, in accordance with Corporate Law.
In May 2002, gross sales of Companhia Brasileira de Distribuicao totaled R$
864.6 million and net sales totaled R$ 730.5 million, representing a 17.3%
growth compared to the same period in 2001.
Same store net sales presented a 7.2% growth compared to May 2001.
In May all the Company's Divisions presented an improvement compared to the
previous months, which already indicates the beginning of the retail sales'
gradual recovery in Brazil and market share gains by CBD. It is important to
mention that this positive performance was shown both by food products and by
non-food items, which presented growth rates, in same stores, of respectively
7.4% and 6.4% compared to May 2001.
The highlights of the month were the excellent performance of the Extra
Division and the continuity of the two-digit growth in the Barateiro format.
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
/01 /01 /01 /01 /01 /01 /01 /01 /01 /01 /01 /01 /02 /02 /02 /02 /02
Same stores 1.1% 3.1% 0.7% 1.9% -0.1 -2.5 -9.9 -5.8 -4.9 -6.6 -3.5 -2.8 -1.4 -2.8 7.1% -7.8 7.2%
Total stores 19.1 22.9 20.2 14.4 6.6% 4.0% -6.7 -4.8 -3.0 -3.6 2.8% 4.1% 5.9% 4.8% 15.7 1.5% 17.3
*If deflated by IPCA, May sales had a performance of 8.7%. Same store sales'
performance was 0.6%.
COMPANHIA BRASILEIRA DE DISTRIBUICAO THOMSON FINANCIAL INVESTOR RELATIONS
(CBD)
Fernando Tracanella Doris Pompeu
Investor Relations Manager Phone: (11) 3848 0887 ext. 208
Phone: (11) 3886 0421 E-mail: doris.pompeu@thomsonir.com.br
Fax: (11) 3884 2677
E-mail: pa.relmerc@paodeacucar.com.br
Website: http://www.grupopaodeacucar.com.br
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.