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
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Magazine Luiza's Q3 profit plummets on Brazil's high inflation, rates

11/11/2021 | 05:43pm EDT

SAO PAULO, Nov 11 (Reuters) - Brazilian retailer Magazine Luiza on Thursday posted a sharp decrease in its third-quarter profit as higher interest rates and inflation weighed on the purchase of durable goods, the company said.

Its recurring net income plummeted to 22.6 million reais ($4.18 million) from 216 million reais a year earlier. Still, total sales rose 12%, to 13.8 billion reais.

($1 = 5.4021 reais) (Reporting by Aluisio Alves, writing by Carolina Mandl; Editing by Christian Plumb and Chris Reese)


© Reuters 2021
All news about MAGAZINE LUIZA S.A.
05/17TRANSCRIPT : Magazine Luiza S.A., Q1 2022 Earnings Call, May 17, 2022
CI
05/17MAGAZINE LUIZA S.A. : Press Release
CO
05/16Magazine Luiza S.A. Reports Earnings Results for the First Quarter Ended March 31, 2022
CI
05/16Brazil's Magazine Luiza posts Q1 adjusted net loss of $19.6 mln
RE
05/16Brazil's Magazine Luiza posts Q1 adjusted net loss of $19.6 mln
RE
05/16MAGAZINE LUIZA S.A. : 1st quarter results
CO
03/15Brazil's Magazine Luiza Shares Drop 11% After Earnings Disappoint
DJ
03/15MAGAZINE LUIZA S A : Documento de Resultados
PU
03/15TRANSCRIPT : Magazine Luiza S.A., Q4 2021 Earnings Call, Mar 15, 2022
CI
03/15MAGAZINE LUIZA S.A. : Financial report
CO
More news
Financials
Sales 2022 40 369 M 8 554 M 8 554 M
Net income 2022 -9,85 M -2,09 M -2,09 M
Net Debt 2022 3 661 M 776 M 776 M
P/E ratio 2022 1 544x
Yield 2022 0,28%
Capitalization 26 662 M 5 649 M 5 649 M
EV / Sales 2022 0,75x
EV / Sales 2023 0,63x
Nbr of Employees 40 000
Free-Float 42,7%
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 14
Last Close Price 4,00 BRL
Average target price 9,06 BRL
Spread / Average Target 127%
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