Company
Magazine Luiza SA
Headquarters: Franca, SP, Brazil
Employees: 40,000
CEO: Mr. Frederico Trajano Inacio Rodrigues
Market Cap
R$12.92 Billion
BRL as of Jan. 1, 2024
US$2.66 Billion
Magazine Luiza SA Categories
Brazil Consumer Discretionary Specialty RetailBrazil Consumer Discretionary Brazil Specialty Retail
Top Competitors by Market Capitalization
Industry: Specialty Retail
| Company | Market Cap (USD) |
|---|---|
| O'Reilly Automotive, Inc. | $55.83 B |
| AutoZone, Inc. | $44.40 B |
| Tractor Supply Company | $23.25 B |
| Ulta Beauty, Inc. | $23.01 B |
| Genuine Parts Company | $19.09 B |
Detailed Description
Magazine Luiza S.A. engages in the retail sale of consumer goods. It operates through Retail, Financial Operations, Insurance Operations, and Other Services segments. The company sells technology products, appliances, electronics, telephony, furniture, gifts, and toys. It also grants credit and provides extended warranties for its products. In addition, the company 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, it provides integration, logistics, and technological solutions; and manages relation between merchants and marketplaces. As of December 31, 2019, the company owned 1,113 stores and 17 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.
Top 1-year algo backtest: +298.72%
$10,000 in April 2023 would now be $39,872 by following this algorithm daily at market close.
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Stocks & Indices
Magazine Luiza SA has the following listings and related stock indices.
Stock: Bovespa: MGLU3 wb_incandescent
Stock: OTC: MGLUY wb_incandescent