Magazine Luiza U/Adr (MGLUY) Q1 2026 Earnings Call

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WEBVTT 00:00:03.237 -- 00:00:04.799 Welcome 00:00:04.799 -- 00:00:08.523 to Mangalu's conference call regarding the quarterly earnings. 00:00:08.523 -- 00:00:11.526 For those who need simultaneous translation, 00:00:11.526 -- 00:00:17.252 click on the Interpretation button via the globe icon at the bottom of your screen and 00:00:17.252 -- 00:00:20.756 choose your preferred language, English and Portuguese. 00:00:20.756 -- 00:00:24.881 We want to inform you that this event is being recorded and will be made available on 00:00:24.881 -- 00:00:29.384 the company's IR website at ri.magazineluisa.com.br, 00:00:30.827 -- 00:00:35.839 where the Earnings release and presentation are already available in Portuguese and English. 00:00:35.839 -- 00:00:39.683 The link to the presentation in English is also available in the chat. 00:00:39.683 -- 00:00:44.187 During the presentation, all participants' microphones will be disabled. 00:00:44.187 -- 00:00:47.591 Then we will start the Q&A session. 00:00:47.591 -- 00:00:52.435 If you have questions, please click on the Q&A icon at the bottom of your screen and 00:00:52.435 -- 00:00:54.758 enter your name, company, 00:00:54.758 -- 00:00:59.742 and question language. Upon being announced, the request to activate your microphone 00:00:59.742 -- 00:01:04.303 will appear on your screen. You must then activate your microphone to follow up with 00:01:04.303 -- 00:01:09.889 your question. Questions received in writing will be answered later by the investor relations 00:01:09.889 -- 00:01:11.889 team. 00:01:11.951 -- 00:01:16.495 Now I would like to give the floor to Fred Trajano, CEO of Magalu. 00:01:16.495 -- 00:01:19.797 Fred, please, you may take the floor. 00:01:20.239 -- 00:01:23.763 Good morning. Thank 00:01:23.763 -- 00:01:28.848 you ...