Magazine Luiza S.A. engages in the retail sale of consumer goods. It operates through Retail, Financial Operations, Insurance Operations, and Other Services segments. It sells technology products, appliances, electronics, telephony, furniture, gifts, and toys. The company also grants credit and provides extended warranties for its products. In addition, it is involved in the provision of consumer financing and consortium services for the purchase of vehicles, motorcycles, home appliances, and real estate properties; and e-commerce of perfumes, cosmetics, sports, and fashion products. Further, the company provides integration, logistics, and technological solutions; and manages relation between merchants and marketplaces. It owns 1,481 stores and 26 distribution centers. The company was founded in 1957 and is headquartered in Franca, Brazil. Magazine Luiza S.A. is a subsidiary of LTD Administração e Participação S.A.
Earnings for Magazine Luiza S.A. (MGLU3.SA)
Earnings in 2023 (TTM): $-357,562,521
According to Magazine Luiza S.A.'s latest financial reports the company's current earnings (TTM) are $-357,562,521. The earnings displayed on this page is the company's Pretax Income.
Earnings history of Magazine Luiza S.A.
Annual Earnings
| Year | Income Before Tax | Net Income |
|---|---|---|
| 2023 | $-357,562,521 | $-169,587,527 |
| 2022 | $-219,868,438 | $-86,425,892 |
| 2021 | $-37,829,937 | $102.31 M |
| 2020 | $71.72 M | $67.85 M |
| 2019 | $210.99 M | $159.67 M |
| 2018 | $136.29 M | $103.48 M |
| 2017 | $82.6 M | $67.38 M |
| 2016 | $13.35 M | $14.99 M |
| 2015 | $-25,483,752 | $-11,363,236 |
| 2014 | $22.55 M | $22.27 M |
| 2013 | $22.69 M | $19.71 M |
| 2012 | $-4,162,507 | $-1,168,280 |
| 2011 | $8.3 M | $2.02 M |
| 2010 | $19.05 M | $11.92 M |
| 2009 | $-23,660,057 | $-16,056,276 |
| 2008 | $-20,906,068 | $-13,284,966 |