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:
El Puerto de Liverpool SAB de CV
sales of 115.47 billion Mexican Pesos [US$5.76 billion]
of which 87%
Lojas Americanas SA
(21.29 billion Brazilian Reals [US$3.99 billion]
of which 53%
was Stores), and
Grupo Elektra SAB de CV
based in MEXICO
(120.51 billion Mexican Pesos [US$6.01 billion]
of which 57%
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at Magazine Luiza SA totalled
9.01 billion Brazilian Reals.
an increase of 61.9%
from the 5.57 billion Brazilian Reals in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled 17.27 billion Brazilian Reals, which is
than through the first two quarters of 2020.
During the previous 22 quarters, sales at Magazine Luiza SA have increased compared with the same quarter in the previous year.
Sales at Magazine Luiza SA appear to have some seasonality: during each of the previous 9
years, sales have been highest during the fourth quarter, which has accounted for
between 28.2% and 34.5%
of the annual
Magazine Luiza SA reported sales of 29.18 billion Brazilian Reals (US$5.47 billion)
December of 2020.
increase of 46.7%
versus 2019, when the company's sales were 19.89 billion Brazilian Reals.
Sales at Magazine Luiza SA have increased during each of the previous five years
(and since 2015, sales have increased a total of 225%).
Sales of Other Services saw an increase
that was more than double the company's growth rate: sales were up
214.2% in 2020, from
142.72 million Brazilian Reals to 448.46 million Brazilian Reals.
Not all segments of Magazine Luiza SA experienced an increase in sales in 2020:
sales of Financial Operations fell 8.8% to 1.17 billion Brazilian Reals.