February 27, 2017 5:55 PM ET

Multiline Retail

Company Overview of Magazine Luiza S.A.

Company Overview

Magazine Luiza S.A. engages in the retail sale of consumer goods. It operates through Retail, Financial Operations, Insurance, and Consortium Management segments. The company retails home appliances, personal electronics, and furniture products through physical and virtual stores, or through e-commerce; and is involved in the e-commerce of perfumes and cosmetics. It also grants credit and provides extended warranties to its products. In addition, the company is involved in the management of consortium-related activities to purchase vehicles, motorcycles, home appliances, and real properties. As of March 31, 2016, it had 786 stores and 9 distribution centers located in the South, Southeast, M...

Rua Amazonas da Silva

27 - Vila Guilherme

Marginal Tietê

São Paulo, SP 02051-000

Brazil

Founded in 1957

20,000 Employees

Phone:

55 11 3504 2727

Key Executives for Magazine Luiza S.A.

Magazine Luiza S.A. does not have any Key Executives recorded.

Magazine Luiza S.A. Key Developments

Magazine Luiza Announces Earnings Results for the Fourth Quarter of 2016

Magazine Luiza announced earnings results for the fourth quarter of 2016. For the quarter, the company reported growth in gross revenue by 14% on a year-on-year basis. EBIT grew by 8%, so their e-commerce 5x the growth of their EBIT. The company doubled EBIT to BRL 227 million, plus 28% and the same margin of the third quarter, showing that it is consistent and recurring. Net income was BRL 46 million. Cash generation over BRL 650 million in the quarter and the evolution of their working capital of BRL 570 million, a reduction of BRL 570 million. Net debt reduced from BRL 750 million to little more than BRL 100 million.

Magazine Luiza S.A. to Report Q4, 2016 Results on Feb 20, 2017

Magazine Luiza S.A. announced that they will report Q4, 2016 results Pre-Market on Feb 20, 2017

Magazine Luiza S.A., Q4 2016 Earnings Call, Feb 20, 2017

Magazine Luiza S.A., Q4 2016 Earnings Call, Feb 20, 2017

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Recent Private Companies Transactions

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