January 16, 2018 / 8:49 PM / 6 months ago

Sales at retailer Carrefour Brasil rise 5.3 pct in fourth quarter

SAO PAULO, Jan 16 (Reuters) - Brazilian food retailer Carrefour Brasil said on Tuesday its fourth quarter gross sales rose 5.3 percent from last year to 13.63 billion reais ($4.23 billion).

The company said gross sales for full-year 2017 jumped 7.2 percent, to 49.65 billion reais. Same-store sales, a measure of revenue from stores open at least 12 months, rose 1.4 percent in the fourth quarter.

$1 = 3.22 reais Reporting by Gram Slattery

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