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:
Grupo Sanborns S.A.B de C.V.
of MEXICO
(2019
sales of 53.29 billion Mexican Pesos [US$2.55 billion]
of which 49%
was Sears and Butiques),
Lojas Americanas SA
(18.96 billion Brazilian Reals [US$3.37 billion]
of which 65%
was Stores), and
Grupo Palacio De Hierro, S.A.B. De Cv
which is
based in MEXICO
(35.61 billion Mexican Pesos [US$1.71 billion]
of which 98%
was Commercial).
Sales Analysis.
Magazine Luiza SA reported sales of 19.89 billion Brazilian Reals (US$3.54 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.