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Magazine Luiza S.A. (MGLU3.SA)

São Paulo - São Paulo Delayed Price. Currency in BRL
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1.5700-0.0200 (-1.26%)
At close: 05:07PM BRT
Full screen
Previous Close1.5900
Open0.0000
Bid1.5600 x 0
Ask1.5700 x 0
Day's Range0.0000 - 0.0000
52 Week Range
Volume0
Avg. Volume124,519,375
Market Cap11.516B
Beta (5Y Monthly)1.36
PE Ratio (TTM)N/A
EPS (TTM)-0.1400
Earnings DateAug 08, 2024
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateJul 06, 2021
1y Target Est2.80
  • Reuters

    UPDATE 1-Brazil's Magazine Luiza swings to profit, hits highest margin in four years

    Brazilian retailer Magazine Luiza logged a net profit in the first quarter, it reported on Thursday, reversing a year-ago loss as its financial expenses shrank and core margins came up to a four-year high. Magazine Luiza, one of the largest retailers in Brazil, brought in a net profit of 27.9 million reais ($5.4 million) in the first quarter, in line with analysts' expectations, as financial expenses came down around 40%. Magazine Luiza reported net revenues up 1.9% year-on-year to 9.24 billion reais, slightly below the LSEG-compiled estimate of 9.48 billion reais, as sales rose at both brick-and-mortar stores and on its marketplace platform.