Magazine Luiza S.A. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was BRL 13,062.5 million compared to BRL 13,515.8 million a year ago. Revenue was BRL 10,549.7 million compared to BRL 11,167.4 million a year ago.

Net income was BRL 101.5 million compared to net loss of BRL 15.2 million a year ago.