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$5.75 billion]
of which 87%
was Commercial),
Grupo Elektra SAB de CV
of MEXICO
(118.32 billion Mexican Pesos [US$5.89 billion]
), and
Lojas Americanas SA
(21.29 billion Brazilian Reals [US$3.77 billion]
of which 53%
was Stores).
Sales Analysis.
Magazine Luiza SA reported sales of 29.18 billion Brazilian Reals (US$5.16 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.