Magazine Luiza S.A. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was BRL 8,762.18 million compared to BRL 8,252.81 million a year ago. Net loss was BRL 161.3 million compared to net income of BRL 258.64 million a year ago. Basic loss per share from continuing operations was BRL 0.024 compared to basic earnings per share from continuing operations of BRL 0.04 a year ago. Diluted loss per share from continuing operations was BRL 0.024 compared to diluted earnings per share from continuing operations of BRL 0.04 a year ago.