Frederico Trajano - Chief Executive Officer Beto Bellissimo - Chief Financial Officer Carlos Mauad - Executive Director Eduardo Galanternick - Executive Director-E-commerce Fabricio Garcia - Vice President-Operations Andre Fatala - CTO Irma Sgarz - Goldman Sachs Eric Huang - Santander Gustavo Senday - XP Investimentos Vinicius Strano - UBS Good day everyone. Welcome to Magalu's Conference Call regarding its quarterly results. For those of you who need simultaneous translation, please click on the interpretation button, the globe icon at the bottom of your screen and choose your preferred language, English or Portuguese.