Company

Magazine Luiza SA

Headquarters: Franca, SP, Brazil

Employees: 40,000

CEO: Mr. Frederico Trajano Inacio Rodrigues

Bovespa: MGLU3 +2.38%

Market Cap

R$10.07 Billion

BRL as of July 1, 2024

US$1.78 Billion

Market Cap History

Magazine Luiza SA market capitalization over time

Evolution of Magazine Luiza SA market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Magazine Luiza SA

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.

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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

Details

Headquarters:

Rua Arnulfo de Lima, nº 2.385

Vila Santa Cruz

Franca, SP 14403-471

Brazil