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Magazine Luiza S.A. (MGLU3.SA)

São Paulo - São Paulo Delayed price. Currency in BRL
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12.16+0.11 (+0.91%)
As of 03:23PM BRT. Market open.
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Previous close12.05
Open12.02
Bid12.17 x 0
Ask12.17 x 0
Day's range11.88 - 12.29
52-week range10.56 - 32.83
Volume11,860,400
Avg. volume17,576,710
Market cap8.948B
Beta (5Y monthly)1.42
PE ratio (TTM)N/A
EPS (TTM)-0.74
Earnings date08 Aug 2024
Forward dividend & yieldN/A (N/A)
Ex-dividend date06 Jul 2021
1y target est24.93
  • Reuters SG

    UPDATE 3-Shares of Brazil's Magalu soar on AliExpress sales partnership

    Brazilian retailer Magazine Luiza has struck a deal with Chinese e-commerce platform AliExpress to allow the two companies to sell products on each other's platforms, it said on Monday, sending its shares soaring. AliExpress will sell products from Choice, its premium service, on Magazine Luiza's marketplace, while Magalu - as the retailer is also known - will sell products from its own stocks on the Chinese firm's platform in Brazil. Shares of Magazine Luiza rose more than 13% on the news, while Brazil's Bovespa stock index gained 1%.

  • 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.