Brazil's Magazine Luiza reports 37% increase in fourth-quarter adjusted profit-March 2024-www.financetom.com

Brazil's Magazine Luiza reports 37% increase in fourth-quarter adjusted profit

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Brazil's Magazine Luiza reports 37% increase in fourth-quarter adjusted profit

Mar 13, 2025 3:06 PM

SAO PAULO, March 13 (Reuters) - Brazilian retailer

Magazine Luiza reported on Thursday an adjusted net

profit of 139.2 million reais ($24 million) for the fourth

quarter, up some 37% from a year earlier.

It also came above the 126.9 million real profit expected

from analysts polled by LSEG.

($1 = 5.7991 reais)

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