Magazine Luiza S.A., together with its subsidiaries, engages in the retail sale of consumer goods. The company operates in Retail, Financial Operations, Insurance, and Consortium Management segments. It retails home appliances, personal electronics, and furniture products through physical and virtual stores, or e-commerce; and is involved in the e-commerce of perfumes and cosmetics. The company is also involved in the distribution and sale of financial products and services to the customers of its store chain. In addition, it develops, sells, and manages extended warranties of products purchased by its customers. Further, the company manages various consortium groups to purchase vehicles, mo...
Rua Voluntários da Franca, n.º 1.465
Franca, SP 14400-490
Founded in 1957
Magazine Luiza S.A. Announces Earnings Results for the First Quarter of 2015; Provides Capex Guidance for the Year 2015
May 8 15
Magazine Luiza S.A. announced earnings results for the first quarter of 2015. For the quarter, the company reported the net revenue of BRL 2.25 billion versus BRL 2.278, practically the same figures with a reduction in same-store sales. Net income was BRL 2.9 million. an improvement in EBITDA growing by 5.5% vis-à-vis the same period in the last year. EBITDA quarter-on-quarter, BRL 127 million this year compared to BRL 121 million in the first quarter last year. Net debt varied BRL 378 million.
The company provided capex guidance for the year 2015. For the year, the company expects CapEx to be around BRL 115 million.
Magazine Luiza S.A. Presents at 10th Annual LatAm CEO Conference 2015, May-13-2015
May 5 15
Magazine Luiza S.A. Presents at 10th Annual LatAm CEO Conference 2015, May-13-2015 . Venue: The New York Palace, 455 Madison Avenue, New York, NY 10022, United States.
Magazine Luiza S.A.B Announces Audited Earnings Results for the Year Ended December 31, 2014
Mar 10 15
Magazine Luiza S.A.b announced audited earnings results for the year ended December 31, 2014. For the period, the company reported net sales revenue of BRL 9,692,286,000 compared to BRL 8,034,985,000 a year ago. Operating profit before financial result was BRL 460,599,000 compared to BRL 351,578,000 a year ago. Operating income (loss) before income tax and social contribution was BRL 129,033,000 compared to BRL 129,202,000 a year ago. Net income attributable to owners of the company was BRL 128,556,000 or BRL 0.70 per basic and diluted share compared to BRL 113,806,000 or BRL 0.61 per basic and diluted share a year ago. Cash flow deriving from in operating activities was BRL 63,243,000 compared to BRL 201,594,000 a year ago. Purchase of property and equipment was BRL 106,255,000 compared to BRL 111,399,000 a year ago. Purchase of intangible assets was BRL 44,992,000 compared to BRL 34,404,000 a year ago.