Q3 2019 Magazine Luiza SA Earnings Call Transcript

Oct 30, 2019 / 02:30PM GMT
Operator

(technical difficulty)

(Operator Instructions) Now we would like to turn the floor over to Mr. Frederico Trajano, CEO of Magazine Luiza. Mr. Trajano, you may proceed.

Frederico Trajano Inácio Rodrigues - Magazine Luiza S.A. - CEO & Member of Executive Board

Good morning, everyone. And thank you for participating in our call for the third quarter of 2019 results. I'm here, as usual, with all the executive committee and everybody will be available to answer your questions at the end of the call. I will be making the presentation, the introduction and then Bellissimo will continue and then we will be opening for questions.

This quarter was a historic one for very important things, mainly -- well, even if you consider an over 60 years of age company, I would like to highlight some of these brands for the company. We opened the number 1,000 store in August in Franco da Rocha, 63 after the first one that we opened and the coming onboard of 2 new [states] in Brazil, Mato Grosso and Pará and the purchase of Netshoes -- the

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot