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 2020 Magazine Luiza SA Earnings Call Transcript

Aug 18, 2020 / 02:00PM GMT
Release Date Price: R$209.28 (+9.61%)
Operator

[Interpreted] Good morning, ladies and gentlemen. Thank you for waiting. Welcome to Magalu's conference call about the second quarter of 2020 earnings. We would like to inform you that this event is being recorded and simultaneously translated into English. (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

[Interpreted] Good morning, everybody. Thank you very much for participating in our earnings conference call about the second quarter of 2020. Undoubtedly, one of the most challenging quarters, not only for the CEO, but for the whole team of Magalu and any CEO during this quarter faced one of the biggest challenges ever in their professional life. So in this context, I -- we did a wonderful job here. We did an extraordinary job in a difficult context. And with a lot of insecurity, I would like to remind you that we are talking about a quarter.

Well, you

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