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

Q3 2022 Magazine Luiza SA Earnings Call Transcript

Nov 11, 2022 / 02:00PM GMT
Release Date Price: R$32.36 (-13.07%)
Operator

(foreign language) (Operator Instructions)

Good morning, everyone. Thank you for waiting. Welcome to Magalu's conference call to discuss our quarterly results.

This event is being recorded and will be made available at the company's IR website at ri.magazineluiza.com.br, where you will all find company's release and presentation, both in Portuguese and English. The English presentation link is available in the chat.

I now would like to give the floor to Fred Trajano, Magalu's CEO. Please, Fred, the floor is yours.

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

Good afternoon, everyone. Thank you -- actually, good morning. Thank you very much for being here with us in our earnings call for the third quarter of 2022. I believe that -- this is a result, and we are going to go into the details here in this call. It shows a significant evolution of our numbers, both absolute numbers as well as relative numbers.

Although the company and the e-commerce and retail and general industry

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