Insight Report 3 minutes PremiumMagazine Luiza (BVMF: MGLU3) 4Q15 Results: Earnings Miss Estimates; E-Commerce Sales Up, Brick-and-Mortar Sales Down Coresight Research March 1, 2016 Executive Summary Magazine Luiza reported 4Q15 net revenues of R$2.5billion, down 8.7% year over year and in line with the consensus estimate. EPS of R$(2.34) was well below the consensus estimate of R$(0.68). Comps decreased by 11.6%, while e-commerce sales increased by 19.1%. Brick-and-mortar sales were down 17.6%. E-commerce sales accounted for 21.1% of total sales. Net revenues for 2015 were down 8.2%, to R$9.0 billion. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: US Back to School 2023: Retail Outlook—Macro Context and Consumer PlansDecember 2024 US Retail Sales Outlook: Projecting Retail Momentum To Continue into 2025Responses to Inflation—Shoppers Are Less Inclined To Cut Back Discretionary Spending: US Consumer Survey InsightsUS CPG—Retail 2024 Sector Outlook: Volume Growth To Turn Positive as Inflation Eases
