EARNINGS RESULTS 1ST QUARTER 2024 APRIL 25TH , 2024 REVENUE: R$18.8 BILLION, WITH INCREASE IN TICKETS AND ACCELERATED ‘SAME-STORE’ SALES Operational leverage results in +90bps of expansion in EBITDA Mg. Pre-IFRS 16 +4 NEW STORES IN 1Q24 SALES growth driven by the maturation of 28 stores opened in the last 12 months expansion and performance of stores with more • Openings 1Q24: Vila Maria (SP Capital), Cidade than 12 months Tiradentes (SP Capital), 2nd store in Macapá (AP) • Revenue: R$ 18.8 bi (+14%) and Cu ...

Financial Data and Key Metrics Changes - The company reported R$18.8 billion in revenue, representing a 14% growth compared to the previous year [13] - EBITDA margin reached 38%, returning to pre-IFRS levels, indicating a significant recovery in profitability [12][21] - Net income increased by 19%, driven by improved operational efficiency and store maturity [25][26] Business Line Data and Key Metrics Changes - The company opened 28 new stores, contributing to a total of 293 stores in operation, with plans to exceed 300 by year-end [10][11] - The conversion project has shown positive results, with new stores achieving an average sale of R$18.2 million, higher than market averages [13][16] - Gross profit increased from R$1 billion in 2019 to R$2.8 billion in the first quarter, with gross margin rising from 15.3% to 16.3% [17] Market Data and Key Metrics Changes - The company has increased its market share in the same-store category, demonstrating effective strategies in a competitive environment [13] - The competitive landscape in São Paulo remains challenging, with the company maintaining its position as the largest player in the region [45][46] Company Strategy and Development Direction - The company aims to be the best cost option for both B2C and B2B customers, focusing on expanding into new markets and social levels [11] - There is a strong emphasis on sustainability and community engagement, with significant investments in employee development and environmental initiatives [31][34] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding consumer behavior, noting that while unemployment rates are dropping, debt levels remain high, impacting purchasing power [39][40] - The company anticipates food inflation to be around 3% to 4% in 2024, with expectations for a gradual recovery in the market [40] Other Important Information - The company has successfully reduced its net debt-to-EBITDA ratio from 3.5 to below 3.2, reflecting improved cash generation and operational efficiency [14][29] - Significant cash generation of R$4.9 billion over the last 12 months, indicating strong operational performance [27] Q&A Session Summary Question: Competitive environment in São Paulo - Management noted an increase in ICMS rates affecting net revenue correlation and highlighted the company's strong position despite increased competition [44][46] Question: Volume growth and pricing dynamics - Management acknowledged a smaller contribution from volume growth and indicated that inflationary pressures were more significant in the first quarter [50] Question: B2B customer dynamics and restocking - Management indicated that B2B customers are not expected to stock up significantly due to stable inflation expectations [56] Question: Gross margin and EBITDA margin expectations - Management expressed a focus on maintaining margins amid competitive pressures, with no significant improvements expected in the near term [63] Question: Store maturity and app functionalities - Management discussed the importance of store maturity and the impact of the Meu Assaà app on transaction frequency and size [72]

As filed with the Securities and Exchange Commission on April 23, 2024. Title of Each Class Trading Symbol Name of Each Exchange on which Registered Common Shares, without par value ASAI New York Stock Exchange American Depositary Share, each representing five common shares New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO S ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION _____________________ _____________________ Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of April 2024 Commission File Number: 001-39928 Sendas Distribuidora S.A. (Exact Name as Specified in its Charter) Sendas Distributor S.A. (Translation of registrant's name into English) Avenida Ayrton Senna, No. 6,000, Lote 2, Pal 48959, Anexo A Jacarepaguá 22775-00 ...

Sendas Distribuidora SA (NYSE:ASAI) Q4 2023 Earnings Conference Call February 22, 2023 9:00 AM ET Company Participants Gabrielle Helu - IR Officer Belmiro Gomes - CEO Daniela Sabbag - CFO Wlamir dos Anjos - Chief Commercial Officer Anderson Castilho - Vice President of Operations Conference Call Participants Thiago Macruz - Itaú Felipe Cassimiro - Bradesco BBI Vinicius Strano - UBS Luiz Guanais - BTG Felipe Rached - Goldman Sachs João Soares - Citi Ruben Couto - Santander Alexandre Namioka - Morgan Stanley ...

Investors with an interest in Consumer Products - Discretionary stocks have likely encountered both Sendas Distribuidora S.A. Sponsored ADR (ASAI) and VIZIO Holding Corp. (VZIO) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is ...

For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Sendas Distribuidora S.A. Sponsored ADR (ASAI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Sendas Distribuidora S.A. Sponsored ADR is a member of our Consumer Discretionary group, which incl ...

Shares of Sendas Distribuidora S.A. Sponsored ADR (ASAI) have been struggling lately and have lost 7.2% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.Zacks has developed the innov ...

Sendas Distribuidora SA (NYSE:ASAI) Q3 2023 Earnings Conference Call October 31, 2023 10:00 AM ET Company Participants Gabrielle Helu - IR Officer Belmiro Gomes - CEO Daniela Sabbag - CFO Wlamir dos Anjos - Chief Commercial Officer Conference Call Participants Danni Eiger - XP Maria Cara - Itau Vinicius Strano - UBS Alexandre Namioka - Morgan Stanley Joseph Giordano - JPMorgan Chase & Co. Joao Soares - Citigroup Irma Sgarz - Goldman Sachs Group Operator Good morning, everyone, and thank you for waiting. Wel ...