Business

Magazine Luiza: Magazine Luiza posted 47% EBITDA growth and returned to profit, with strong cash flow and margin gains

Magazine Luiza: Magazine Luiza posted 47% EBITDA growth and returned to profit, with strong cash flow and margin gains

Magazine Luiza S.a.November 8, 20243
Magazine Luiza: Magazine Luiza posted 47% EBITDA growth and returned to profit, with strong cash flow and margin gains

About this update from Magazine Luiza S.a.

Magazine Luiza delivered strong 3Q24 results with 47% adjusted EBITDA growth, margin expansion, and a return to net profit, driven by robust physical store sales and ecosystem consolidation. Cash flow and capital structure improved, with new partnerships and fintech launches supporting future growth. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

View stock analysis, news, and events for Magazine Luiza S.a.

More from Magazine Luiza S.a.

All Magazine Luiza S.a. news →