GPA announced sales results for fourth quarter and full year of 2017. For the quarter, the company reported net sales amounted to BRL 7.1 billion, with same-store sales declining 0.6%. Sales performance was adversely affected by: (i) deflation in food categories, especially in Christmas season products; and (ii) the continued migration across channels due to the economic scenario. For the year, the company reported net sales totaled BRL 26.2 billion, with same-store sales up 0.7%, notably due to: continued gains in market share in all the measurements carried out by Nielsen during the year, while maintaining its competitive level; My Discount Program reached more than 3.7 million active clients in the year, within just 6 months of launch. In the quarter, there was an acceleration of migration from mass to personalized promotions through the app, including a fully digital Black Friday, at Pão de Açúcar. The total loyal customer base rose from about 12 million to 14 million.