Sendas Distribuidora: Not Done From Deleveraging Gains

Core Insights - Sendas Distribuidora, known as Assaí Atacadista, is Brazil's second-largest supermarket chain and has significantly benefited from a favorable cash-and-carry (C&C) market environment, leading to rapid store expansion across the country [1] Company Overview - Sendas Distribuidora operates in the cash-and-carry sector, which has seen increased demand and growth opportunities in Brazil [1] Market Position - The company is positioned as a major player in the supermarket industry in Brazil, leveraging its expansion strategy to capture market share [1]