Company Magazine Luiza S.A.

Equities

MGLU3

BRMGLUACNOR2

Department Stores

Market Closed - Sao Paulo 04:12:01 2024-04-19 pm EDT 5-day change 1st Jan Change
1.54 BRL -26.67% Intraday chart for Magazine Luiza S.A. -7.23% -28.70%

Business Summary

Magazine Luiza S.A. specializes in mass distribution. Also, the group offers financial services. Net sales (before intragroup) break down by activity as follows:

- retail distribution (92%): sales of consumer products, appliances, consumer electronics, computer products, furniture, garden items, toys, personal care and beauty products, clothing, sports and leisure goods, etc. At the end of 2021, products are distributed through a network of 1,051 conventional stores, 236 virtual stores, 194 kiosks and via the Internet;

- financial services (3.6%): mainly provision of consumer credit;

- insurance (0.9%);

- other (3.5%).

Brazil accounts for all net sales.

Number of employees: 40,000

Sales per Business

BRL in Million2022Weight2023Weight Delta
Retail
99.4 %
37,159 99.6 % 36,555 99.4 % -1.63%
Eliminations
-12.2 %
-4,258 -11.4 % -4,479 -12.2 % +5.21%
Financial
6.1 %
2,104 5.6 % 2,232 6.1 % +6.05%
Other Services
6.0 %
1,927 5.2 % 2,222 6.0 % +15.32%
Insurance
0.7 %
366 1.0 % 239 0.7 % -34.69%

Sales per region

BRL in Million2022Weight2023Weight Delta
Brazil
100.0 %
37,299 100.0 % 36,768 100.0 % -1.42%

Managers

Managers TitleAgeSince
Chief Executive Officer 48 09-12-31
Director of Finance/CFO 48 01-04-30
Chairman 75 04-12-31
Chief Operating Officer 47 95-12-31
Chief Administrative Officer 62 81-12-31
Director/Board Member 73 12-12-31
Director/Board Member 55 99-12-31
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Human Resources Officer - -

Members of the board

Members of the board TitleAgeSince
Chairman 75 04-12-31
Director/Board Member 55 99-12-31
Director/Board Member 73 12-12-31
Director/Board Member 63 16-12-31
Director/Board Member 73 06-12-31
Director/Board Member - 16-12-31
- -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 7,389,952,489 3,540,101,910 ( 47.90 %) 57,373,646 ( 0.7764 %) 47.90 %

Shareholders

NameEquities%Valuation
LTD Administração e Participações SA
47.48 %
3,508,553,016 47.48 % 1 262 M R$
Wagner Garcia Participaçoes S.a.
2.835 %
209,532,453 2.835 % 75 M R$
73,932,567 1.000 % 27 M R$
60,164,147 0.8141 % 22 M R$
Itaú Unibanco SA
0.5372 %
39,700,367 0.5372 % 14 M R$
LarrainVial Asset Management AGF SA
0.3440 %
25,421,990 0.3440 % 9 M R$
21,991,872 0.2976 % 8 M R$
21,391,596 0.2895 % 8 M R$
15,227,049 0.2061 % 5 M R$
Western Asset Management Company DTVM Ltda.
0.1415 %
10,457,333 0.1415 % 4 M R$
NameEquities%Valuation
Alta Capital Management LLC
0.001174 %
21,690 0.001174 % 31 190 R$

Holdings

NameEquities%Valuation
73,932,567 1.00% 26,586,151 $

Company contact information

Magazine Luiza SA

Rua Arnulfo de Lima, 2385

14403-471, Franca

+

http://www.magazineluiza.com.br
address Magazine Luiza S.A.(MGLU3)
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