Magazine Luiza S.A. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was BRL 9,239.27 million compared to BRL 9,067.33 million a year ago. Net income was BRL 27.93 million compared to net loss of BRL 391.22 million a year ago.

Basic earnings per share from continuing operations was BRL 0.004 compared to basic loss per share from continuing operations of BRL 0.059 a year ago. Diluted earnings per share from continuing operations was BRL 0.004 compared to diluted loss per share from continuing operations of BRL 0.059 a year ago.