Magazine Luiza SA (BSP:MGLU3)
R$ 6.98 0 (0%) Market Cap: 5.14 Bil Enterprise Value: 11.71 Bil PE Ratio: 11.19 PB Ratio: 0.46 GF Score: 71/100
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Q3 2020 Magazine Luiza SA Earnings Call Transcript

Nov 10, 2020 / 02:00PM GMT
Release Date Price: R$235.89 (-4.65%)
Operator

Good morning, ladies and gentlemen, and thank you for waiting. Welcome to the video conference of Magalu about the results of the third quarter of 2020. We would like to inform you that this event is being recorded and simultaneously translated. (Operator Instructions)

Now I would like to turn the floor over to Mr. Frederico Trajano, CEO of Magazine Luiza. You may proceed, Mr. Trajano.

Frederico Trajano Inacio Rodrigues
Magazine Luiza S.A. - CEO & Member of Executive Board

Good morning. Thank you very much for participating in our call about the results of the third quarter of 2020. Once again, we are doing a video conference. And here, we have all the executive directors gathered in the room, and they will all be available to answer your questions. And we will have quite a lot of time to answer questions. We intend to have a very self-explanatory presentation, but I think you will have questions.

I would like to start by the first slide. It is the toughest moment of the epidemic, this photo, when we closed our stores and at the

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