Magazine Luiza S.a.BMFBOVESPA: MGLU3

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

· Issued by 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.

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