Radar > 245395

Magazine Luiza reverses loss and has an adjusted net profit of BRL 47.7m in 4Q16

Magazine Luiza reverte prejuízo e tem lucro líquido ajustado de BRL 47,7m no 4T16

Intel ID : 245395
Synopsis

Magazine Luiza (BVMF: MGLU3), a Sao Paulo-based retail chain, registered a net profit of BRL 47.7m in the fourth quarter of 2016, over BRL 43.2m in 2015, reported the company itself on 20 February 2017.

The sales rose 13.6% in the 3Q16, reversing the 11.6% drop in the same period of 2015.

Store sales registered an increase of 6%, after declining 17.6% a year earlier. Internet sales jumped 41.4%, after growth of 19.1% in the same period of the previous year.
(content in portuguese)

Magazine Luiza (BVMF:MGLU3), empresa sediada em São Paulo, que atua no setor de venda no varejo de eletroeletrônicos e móveis, registrou lucro líquido de BRL 47,7m no 4º trimestre de 2016, contra prejuízo de BRL 43,2m registrado no mesmo período do ano de 2015, segundo publicou a empresa em Comunicado no dia 20 de fevereiro de 2017.

As vendas em mesmas lojas subiram 13,6% no quarto trimestre, revertendo a queda de 11,6% apurada nos últimos três meses de 2015.

No caso das vendas mesmas lojas físicas houve elevação de 6%, após declínio de 17,6% um ano antes. As vendas na internet saltaram 41,4%, após crescimento de 19,1% no mesmo período do ano anterior.

Target

Magalu
Brazil

Intel ID 245395
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Magalu
(31 Dec 2024)
Revenue: -
EBITDA: -
Net Debt: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Primary Sector (TTRSC)
15.05.11 Multiline Retail (Department, Discount & Convenience Stores)
15 Consumer Products & Services / 15.05 Distribution & Retail

Secondary Sectors (TTRSC)
15.05.06 E-Commerce
15 Consumer Products & Services / 15.05 Distribution & Retail

Country
Website
Description

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.