Magazine Luiza S.A. (MGLUY) Q4 2025 Earnings Call Transcript

SA Transcripts158.97K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Magazine Luiza S.A. (MGLUY) Q4 2025 Earnings Call March 13, 2026 8:00 AM EDT Company Participants Frederico Rodrigues - President & Member of Executive BoardRoberto Rodrigues - CFO, Investor Relations Officer & Member of Executive BoardJorg Friedemann - CEO of MagaluPay & Member of Executive BoardFabrício Garcia - VP of Operations & Member of Executive BoardRicardo Garrido - Executive Director of Marketplace & Member of Executive Board Conference Call Participants Luiz Guanais - Banco BTG Pactual S.A., Research DivisionLucas Esteves - Santander Investment Securities Inc., Research DivisionIrma Sgarz - Goldman Sachs Group, Inc., Research DivisionAndrew Ruben - Morgan Stanley, Research DivisionJoao Pedro Soares - Citigroup Inc., Research DivisionRodrigo Gastim - Itaú Corretora de Valores S.A., Research DivisionGustavo Fratini - BofA Securities, Research DivisionDanniela Eiger - XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A., Research DivisionNicolas Larrain - JPMorgan Chase & Co, Research Division Presentation Operator Magalu's Conference call regarding the quarterly earnings. For those who need simultaneous translation, click on the interpretation button via the globe icon at the bottom of your screen and choose your preferred language, English or Portuguese. We want to inform you that this event is being recorded and will be made available on the company's IR website at ri.magazineluiza.com.br. The earnings release and presentation are already available in Portuguese and English. The link to the presentation in English is also available in the chat. [Operator Instructions] Now I would like to give the floor to Fred Trajano, Magalu's CEO. Fred, please take the floor. Frederico RodriguesPresident & Member of Executive Board Good morning. Thank you for attending our earnings conference call on the fourth quarter of '25, but also the full year 2025. This call has a very relevant meaning for the company because we work in a model of