Sendas Distribuidora S.A. (NYSE:ASAI) Q2 2022 Earnings Conference Call July 28, 2022 10:30 AM ET

Company Participants

Gabrielle Helú - Director, IR

Belmiro de Gomes - CEO

Daniela Sabbag - CFO

Wlamir dos Anjos - VP, Commercial and Logistics

Conference Call Participants

Danniela Eiger - XP

Luiz Guanais - BTG

Ruben Couto - Santander

Thiago Macruz - Itaú BBA

Felipe Cassimiro - HSBC

João Soares - Citi

Vinicius Strano - UBS

Joseph Giordano - JPMorgan

Irma Sgarz - Goldman Sachs

Vinicius Strano - Bank of America

Andrew Ruben - Morgan Stanley

Operator

Good morning, everyone, and thank you for waiting. Welcome to our earnings call for the disclosure of our results in the second quarter of 2022.

I want to highlight that if you need translation, we have this tool available on our platform. We can select the button interpretation through the Globe icon at the bottom part of your screen and type the language you prefer English or Portuguese. We'd like to let you know that this earnings call is being recorded and will be provided on our IR website and the company access ri.assai.com.br where you can also find the earnings released.

During this presentation, all participants will have their mics turned off and soon after we will begin our session for Q&A. If you'd like to submit a question please like the Q&A icon at the bottom part of your screen and select your name, company and language enter the queue. As you announced to request to activate your microphone will appear on the screen and that's when you should activate your mic to submit any questions. We would like to let you know that all of the questions should be submitted at once.

All of the information in this presentation and possible statements that might be made during the earnings call regarding business perspectives, forecasts and targets operationally for Assai are just beliefs and assumptions of the company's management as well as information that's currently available. Future statements are not a guarantee of performance. They involve risks, uncertainties and assumptions as they refer to future events and that rely on circumstances that may not occur. Investors must understand that economic conditions, market conditions and other operational factors could affect the future performance in Assai and lead to results that materially differ from those completed in the future statements.

Now I'll pass on the word to Gabrielle Helú, our Investor Relations Director at Assai.