Magazine Luiza SA (BSP:MGLU3)
R$ 13.62 0.44 (3.34%) Market Cap: 10.02 Bil Enterprise Value: 15.96 Bil PE Ratio: 0 PB Ratio: 0.91 GF Score: 76/100

Q2 2019 Magazine Luiza SA Earnings Call Transcript

Aug 13, 2019 / 02:00PM GMT
Release Date Price: R$88.5 (+3.93%)
Operator

Good morning, ladies and gentlemen. Thank you for waiting. Welcome to Magazine Luiza's conference call referring to the second quarter of 2019 results. (Operator Instructions).

Now we would like to turn the floor over to Mr. Frederico Trajano, CEO of Magazine Luiza. Mr. Trajano, you may proceed.

Frederico Trajano Inacio Rodrigues
Magazine Luiza S.A. - CEO & Member of Executive Board

Good morning, everyone. Thank you very much for participating in our call about results of the second quarter of '19. Here, I have all the executives of the company as traditionally we do in all our calls, and we will all be available to answer your questions at the end of my presentation and Roberto Bellissimo's presentation.

Exceptionally in this call, we have the presence of [Mike] from Netshoes, and he will be available as well to answer questions about the operations based on the result of the second quarter that will be incorporated into the balance sheet of Magazine Luiza.

Now turning to the second quarter. A lot of the good result that the

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