Magazine Luiza S.A. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was BRL 37,299 million compared to BRL 35,278.15 million a year ago. Net loss was BRL 498.98 million compared to net income of BRL 590.66 million a year ago.

Basic loss per share from continuing operations was BRL 0.075 compared to BRL 0.089 a year ago. Diluted loss per share from continuing operations was BRL 0.075 compared to BRL 0.088 a year ago.