Magazine Luiza SA operates in the Department stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Magazine Luiza SA with three other
department stores in Latin America:
Lojas Americanas SA
(2019
sales of 18.96 billion Brazilian Reals [US$3.56 billion]
of which 65%
was Stores),
Grupo Elektra SA de CV
of MEXICO
(119.01 billion Mexican Pesos [US$5.25 billion]
of which 62%
was Financing), and
Grupo Sanborns S.A.B de C.V.
which is
also
based in MEXICO
(53.29 billion Mexican Pesos [US$2.35 billion]
of which 49%
was Sears and Butiques).
Sales Analysis.
Magazine Luiza SA reported sales of 19.89 billion Brazilian Reals (US$3.74 billion)
for the
year ending
December of 2019.
This
represents
an
increase of 27.6%
versus 2018, when the company's sales were 15.59 billion Brazilian Reals.
This was the fourth straight year of sales growth at Magazine Luiza SA.
Sales of Other Services saw an increase
that was more than double the company's growth rate: sales were up
92.8% in 2019, from
74.01 million Brazilian Reals to 142.72 million Brazilian Reals.