Brazil retailer GPA same-store sales up 4 pct in first quarter
SAO PAULO, April 13 (Reuters) - GPA SA, Brazil's largest retailer, said on Monday that sales at stores open for at least 12 months, a measure known as same-store sales, rose 4 percent in the first quarter from a year earlier.
Net revenue rose 14.8 percent from a year earlier to 17.237 billion reais ($5.61 billion), GPA said in a securities filing.
($1 = 3.07 Brazilian reais) (Reporting by Asher Levine; Editing by Bernadette Baum)
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