Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Brazil
  4. Bolsa de Valores de Sao Paulo
  5. Magazine Luiza S.A.
  6. News
  7. Summary
    MGLU3   BRMGLUACNOR2

MAGAZINE LUIZA S.A.

(MGLU3)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Magazine Luiza : 3Q17 Presentation Results

11/01/2017 | 06:58am EDT
Magazine Luiza 3Q17 Conference Call

November, 1st 2017

Sales E-commerce
  • 3Q17 total sales of R$3.4 billion

  • Sales growth of 27% (versus +7% for the market)

  • SSS growth of 25% (+15% bricks and mortar)

  • Growth of 55% (versus market growth of 9% (E-bit))

  • Now 30% of total sales

Gross Profit Operational Expenses EBITDA Net Profit Operating Cash Generation Leverage
  • Gross profit growth of 23%, reaching R$883 million

  • Solid sales growth with flat margins across all channels

  • Dilution by 160bps to 22.9% of net revenue

  • Expense growth of 18% versus sales growth of 26%

  • Operational Leverage, e-commerce growth, ZBB e EMM

  • EBITDA growth of 39% to R$ 250 million (8.8% margin)

  • Growth of net income to R$ 92 million (ROE of 43%)

  • Over the last 12 months, cash flow from operations reached R$974 million

  • Improvement of inventory turnover and average purchase period

  • Working capital variation contributed R$390 million

  • Adjusted net debt reduced by R$722 million LTM

  • Adjusted net debt reduced by R$239 million in 3Q17

    2

    Number of Stores

    Capex

    # stores R$ million

    +39 stores

    791 800 804 814830

    1115

    1210

    120

    123

    128

    675

    679

    1

    683

    1

    690

    1

    701

    48

    11

    28

    212

    13 18

    126

    25

    78

    331

    26

    57

    37

    11 7 12 10

    3Q16 4Q16 1Q17 2Q17 2Q172

    2-1 1 3

    3Q16 3Q17 9M16 9M17

    Conventional Stores Site Virtual Stores

    New Stores

    Remodeling

    IT Logistics Other

    Average Age - Stores

    Comments

    19

    475

    11

    47

    701

    • Opened 39 new stores in the last 12 months

    • Around 16% of our stores are in the maturation process

    • Capex of R$48 million in 3Q17, and 37% of total investments went to IT projects due to our digital transformation strategy

More than 5 years Up to 1 year Up to 2 years

Up to 3 years Up to 4 years Up to 5 years

3

Gross Revenue - Consolidated

Gross Revenue - E-commerce*

R$ billion R$ million

  • Website and App

    2.6% 4.8%

    10.8% 6.0%

    23.0% 25.6% 27.3% 25.3%

    27.8% 33.6%

    24.3% 28.2%

    56.2% 55.4% 54.6% 55.5%

    2.7

    2.6

    2.7

    8.0

    3.4

    3.2

    3.4

    10.0

    605

    660

    572

    1.837

    945

    889

    1.021

    2.855

    1Q 2Q 3Q 9M 1Q 2Q 3Q 9M

    1Q 2Q 3Q 9M 1Q 2Q 3Q 9M

    2016 2017 2016 2017

    Same-Store Sales Growth

    Comments

    24.3%

    54.6%

    24.9%

    27.3%

    5.5%

    9.6%

    10.8%

    15.0

    %

    3Q16

    3Q17

    Same Store Sales Growth (Physical stores) E-commerce Growth

    Same Store Sales Growth Total Retail Sales Growth

    • Market share gains across the main categories

    • SSS in brick and mortar stores (+15%) in 3Q17

    • E-commerce accounted for 30% of total sales (up from 25%)

    • Sales of furniture and domestic appliances in the Brazilian market +7% (PMC/IBGE)

    • Brazilian e-commerce market growth of +9% (E-bit)

Growth over the same period of last year

4

Magazine Luiza SA published this content on 01 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 01 November 2017 11:57:05 UTC.


© Publicnow 2017
All news about MAGAZINE LUIZA S.A.
09/13MAGAZINE LUIZA S A : Notice to the Market - Atypical Fluctuations in the Company..
PU
08/31MAGAZINE LUIZA S A : Notice to Shareholders - Withdrawal Right
PU
08/30Singapore's Shopee changes the game in Brazil's e-commerce sector
RE
08/19MAGAZINE LUIZA S A : Dados Econômico-Financeiros
PU
08/17E-commerce platform Nuvemshop becomes Brazil's latest unicorn
RE
08/12MAGAZINE LUIZA S A : Brazil's Magazine Luiza posts return to Q2 profit
RE
08/12MAGAZINE LUIZA S A : Brazil's Magazine Luiza posts return to Q2 profit
RE
08/04Amazon launches free one-day delivery in Brazil amid fierce competition
RE
07/27MAGAZINE LUIZA S A : Material Fact - Merger of Shares of Kabum
PU
07/27Magazine Luiza S.A. acquired Sode.
CI
More news
Financials
Sales 2021 37 562 M 7 104 M 7 104 M
Net income 2021 809 M 153 M 153 M
Net cash 2021 2 421 M 458 M 458 M
P/E ratio 2021 157x
Yield 2021 0,19%
Capitalization 110 B 20 691 M 20 772 M
EV / Sales 2021 2,86x
EV / Sales 2022 2,29x
Nbr of Employees 40 000
Free-Float 42,5%
Chart MAGAZINE LUIZA S.A.
Duration : Period :
Magazine Luiza S.A. Technical Analysis Chart | MGLU3 | BRMGLUACNOR2 | MarketScreener
Technical analysis trends MAGAZINE LUIZA S.A.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 16,57 BRL
Average target price 27,31 BRL
Spread / Average Target 64,8%
EPS Revisions
Managers and Directors
Frederico Trajano Inácio Rodrigues Chief Executive Officer
Roberto Bellissimo Rodrigues Chief Financial Officer & IR Officer
Luiza Helena Trajano Inácio Rodrigues Chairman
André Luiz de Souza Fatala Chief Technology Officer
Fabrício Bittar Garcia Vice President-Operations & Commercial
Sector and Competitors