Brief: Carrefour Brasil Expects Beef Supply To Be Normalized In Short Term

BRF SA

26/11/2024 12:05

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)
 ((Gabriel.Araujo2@thomsonreuters.com;))