Magazine Luiza: Physical store growth and margin resilience offset online headwinds; World Cup to drive Q2 gains

About this update from Magazine Luiza S.a.

First quarter 2026 saw resilient physical store growth and strong gross margin despite high interest rates and online competition. Multi-channel strategy and financial services expansion drove performance, with the World Cup expected to boost results in the next quarter.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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