Magazine Luiza S.A. engages in the retail sale of consumer goods. It operates through Retail, Financial Operations, Insurance Operations, and Other Services segments. The company also grants credit and provides extended warranties for its products. In addition, it is involved in the provision of consortium and management services; and e-commerce of perfumes, cosmetics, sports, and fashion products, as well as product delivery management and software development services. Further, the company provides integration, logistics, and technological solutions, as well as resale goods and provision of services in the stores, electronic and food delivery management platform. It serves through physical stores, e-commerce platform, and SuperApp. The company was founded in 1957 and is headquartered in Franca, Brazil. Magazine Luiza S.A. operates as a subsidiary of LTD Administração e Participação S.A.
Brazilian Market Performance
7D7 Days: -0.09%
3M3 Months: -2.3%
1Y1 Year: -1.3%
YTDYear to Date: 6.9%
In the last week, the market has stayed flat, however the Consumer Discretionary sector stood out, gaining 6.4%. As for the longer term, the market has also been flat over the past year. Earnings are forecast to grow by 13% annually. Market details ›
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