Carrefour Brasil Expects Beef Supply To Be Normalized In Short Term
Nov 26 (Reuters) -Atacadao SA CRFB3.SA:
SINCE THURSDAY, BEEF DELIVERIES TO CARREFOUR BRASIL'S STORES HAVE NOT OCCURRED AS SCHEDULED
IT HAS FACED SHORTAGE OF SOME BEEF CUTS IN ATACADAO STORES IN SOME REGIONS
SO FAR, IT HAS SEEN NO SIGNIFICANT IMPACT ON MERCHANDISE SALES OPERATIONS GIVEN THE LEVEL OF PRODUCT INVENTORY
BEEF REPRESENTS LESS THAN 5% OF GRUPO CARREFOUR BRASIL'S GROSS SALES
COMPANY IS EVALUATING THE IMPACT OF A POSSIBLE SHORTAGE OF BEEF ON STORE TRAFFIC AS A WHOLE
IT IS WORKING WITH SUPPLIERS, AUTHORITIES TO RESOLVE SITUATION; EXPECTS BEEF SUPPLY TO BE NORMALIZED IN THE SHORT TERM
Source text: ID:nBVSHqLb6a
Further company coverage: BEEF3.SA
Reporting by Sao Paulo newsroom
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