Grendene SA operates within the Rubber and plastics footwear sector. In addition to historical fundamental analyses, the complete report available to purchase compares Grendene SA with three other shoe manufacturers in Latin America: Arezzo Industria E Comercio Sa (2020 sales of 1.59 billion Brazilian Reals [US$300.81 million] of which 48% was Arezzo), Alpargatas SA (3.36 billion Brazilian Reals [US$636.08 million] of which 67% was Textile Brazil), and Vulcabras Azaleia SA (1.18 billion Brazilian Reals [US$222.96 million] of which 73% was Sportive Shoes).

Sales Analysis. Sales were up sharply during the second quarter of 2021 versus the previous year's second quarter. During the second quarter of 2021, sales at Grendene SA totalled 357.98 million Brazilian Reals. This is an increase of 531.1% from the 56.72 million Brazilian Reals in sales at the company during the second quarter of 2020. This was the biggest same quarter rise in sales at Grendene SA in the previous 35 quarters. During the first two quarters of 2021, sales totalled 881.28 million Brazilian Reals, which is 105.5% higher than through the first two quarters of 2020. Sales at Grendene SA appear to have some seasonality: during each of the previous 9 years, sales have been highest during the fourth quarter, which has accounted for between 30.6% and 44.1% of the annual sales. During the year ended December of 2020, sales at Grendene SA were 1.90 billion Brazilian Reals (US$358.63 million). This is a decrease of 8.4% versus 2019, when the company's sales were 2.07 billion Brazilian Reals.