Grimoldi S.A. operates in the Men's footwear, except athletic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grimoldi S.A. with three other
shoe manufacturers in Latin America:
Arezzo Industria E Comercio Sa
of BRAZIL
(2019
sales of 1.68 billion Brazilian Reals [US$315.53 million]
of which 59%
was Arezzo),
Vulcabras Azaleia SA
of BRAZIL
(1.36 billion Brazilian Reals [US$255.54 million]
of which 118%
was Products), and
Grendene SA
which is
also
based in BRAZIL
(2.07 billion Brazilian Reals [US$389.15 million]
of which 100%
was Synthetic Footwear).
Sales Analysis.
Grimoldi S.A. reported sales of 5.60 billion Argentinian Pesos (US$77.32 million)
for the
year ending
December of 2019.
This
represents
a very small
increase of 0.1%
versus 2018, when the company's sales were 5.60 billion Argentinian Pesos .
Sales at Grimoldi S.A. have increased during each of the previous five years
(and since 2014, sales have increased a total of 250%).
Sales of Footwear saw an increase
that was more than double the company's growth rate: sales were up
7.6% in 2019, from
5.00 billion Argentinian Pesos to 5.38 billion Argentinian Pesos .
Not all segments of Grimoldi S.A. experienced an increase in sales in 2019:
sales of Accessories fell 99.8% to 378,834.00 Argentinian Pesos .
(However, this segment's sales were only a very small portion of the company's overall sales).
Grimoldi S.A. also experienced decreases in sales in
Clothes (down 13.0% to 306.67 million Argentinian Pesos )
.