Magazine Luiza Q2 net loss widens to R$ 72,462; net sales fall 2.58% year-on-year to R$ 18.1 billion
Reuters2026/08/06 22:34By:Reuters
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- Magazine Luiza posted a net loss of R$ 72.46 million in 2Q 2026, widening from a net loss of R$ 24.36 million a year earlier.
- Net sales slipped 2.58% to R$ 8.9 billion, while gross profit fell 2.51% to R$ 2.72 billion.
- Operating profit before financial result dropped 6.85% to R$ 343.58 million; net financial expense widened 15.55% to R$ 572.3 million.
- Cash and cash equivalents totaled R$ 904.97 million at June 30, down from R$ 1.58 billion at Dec. 31.
- The group operated 1,246 stores and 21 distribution centers at quarter-end, unchanged from Dec. 31.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magazine Luiza SA published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.
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