Magazine Luiza has a drop of 11.4% in profits for the 4th quarter 2019, but accumulates a high of 54.3% in the year
Magazine Luiza has a drop of 11.4% in net income for the fourth quarter of 2019, compared to the same period in the previous year. The news was released on Monday (17). As the jump in operating expenses “overshadowed” even higher sales, bringing margins down. The company announced net profit of R$ 168 million between October and December, […] More