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Magazine Luiza SA Company Snapshot
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 of MEXICO (2020 sales of 115.47 billion Mexican Pesos [US$5.76 billion] of which 87% was Commercial), Lojas Americanas SA (21.29 billion Brazilian Reals [US$3.99 billion] of which 53% was Stores), and Grupo Elektra SAB de CV which is based in MEXICO (120.51 billion Mexican Pesos [US$6.01 billion] of which 57% was Financing).

Sales Analysis. 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. This is 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 59.8% higher 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 sales. Magazine Luiza SA reported sales of 29.18 billion Brazilian Reals (US$5.47 billion) for the year ending December of 2020. This represents an 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.
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Magazine Luiza SA
  Stock Performance Chart for Magazine Luiza SA
  Stock Data: Recent Stock Performance:
  Current Price (9/24/2021): 15.63
(Figures in Brazilian Reals)
1 Week -5.7%   13 Weeks -17.9%  
4 Weeks -26.9%   52 Weeks -31.0%  
Magazine Luiza SA Key Data:
  Ticker: MGLU3 Country: Brazil
  Exchanges: SOP Major Industry: Retailing
    Sub Industry: Department Stores
  2020 Sales 29,177,113,000
(Year Ending Jan 2021).
Employees: 16,732
  Currency: Brazilian Reals Market Cap: 100,870,542,013
  Fiscal Yr Ends: December Shares Outstanding: 6,453,649,521
  Share Type: Ordinary Closely Held Shares: 3,795,678,444
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