Magazine Luiza S.A. (MGLUY)
Other OTC - Other OTC Delayed price. Currency in USD
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As of 12:43PM EDT. Market open.
| Previous close | 1.2000 |
| Open | 1.2000 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 1.2000 - 1.2000 |
| 52-week range | 1.0000 - 3.3550 |
| Volume | |
| Avg. volume | 258 |
| Market cap | 2.384B |
| Beta (5Y monthly) | 1.36 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.1100 |
| Earnings date | 10 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 23 Feb 2024 |
| 1y target est | N/A |
- Reuters
UPDATE 1-Brazil's Magazine Luiza swings to profit, hits highest margin in four years
Brazilian retailer Magazine Luiza logged a net profit in the first quarter, it reported on Thursday, reversing a year-ago loss as its financial expenses shrank and core margins came up to a four-year high. Magazine Luiza, one of the largest retailers in Brazil, brought in a net profit of 27.9 million reais ($5.4 million) in the first quarter, in line with analysts' expectations, as financial expenses came down around 40%. Magazine Luiza reported net revenues up 1.9% year-on-year to 9.24 billion reais, slightly below the LSEG-compiled estimate of 9.48 billion reais, as sales rose at both brick-and-mortar stores and on its marketplace platform.
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