Ricardo Garrido

Magazine Luiza SA is a Brazil-based company principally engaged in the retail sector. The Company's activities are divided into four segments: Retail, through physical stores and E-commerce sells various consumer goods, including home appliances, electronics, furniture, cosmetics, baby care accessories, toys and sport articles, among others; Financial operations, involved in credit granting through Luizacred; Insurance, offering insurance and extended product's warranty through Luizaseg; and Consotrium management, providing customers access to its so-called letters of credit through Consorcio Luiza. The Company operates over 760 stores and eight distribution centers, which are located in the South, Southeast, Midwest and Northeast regions of Brazil.