Brazil's Magazine Luiza reports 37% increase in fourth-quarter adjusted profit
ReutersMar 13, 2025 9:48 PM
SAO PAULO, March 13 (Reuters) - Brazilian retailer Magazine Luiza MGLU3.SA reported on Thursday an adjusted net profit of 139.2 million reais ($24 million) for the fourth quarter, up some 37% from a year earlier.
It also came above the 126.9 million real profit expected from analysts polled by LSEG.
($1 = 5.7991 reais)
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