Sendas Distribuidora S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 15,096 million compared to BRL 11,443 million a year ago. Net income was BRL 72 million compared to BRL 214 million a year ago.

Basic earnings per share from continuing operations was BRL 0.053296 compared to BRL 0.158659 a year ago. Diluted earnings per share from continuing operations was BRL 0.053141 compared to BRL 0.157507 a year ago.