Magazine Luiza S.A. Reports Q3 Results with R$710.1 Million Adjusted EBITDA
Magazine Luiza S.A. (MGLUY) has released its third-quarter financial results, reporting an adjusted EBITDA of R$710.1 million, representing a margin of 7.9%. The company achieved an adjusted net income of R$13.9 million for the period, though it recorded a statutory net loss of R$10.7 million when accounting for non-recurring items. On the operational front, total e-commerce sales reached R$9.3 billion. This volume was driven by R$5.9 billion in first-party inventory sales and R$3.5 billion generated through its marketplace platform. The results reflect a continued focus on balancing direct retail operations with third-party marketplace growth.
Tickers: $MGLUY
Topics: EBITDA e-commerce sales marketplace sales net income
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Part of the story Magazine Luiza S.A. reports Q3 results (3 articles)