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
sales of 1.59 billion Brazilian Reals [US$300.81 million]
of which 48%
(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 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.
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
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
During the year ended December of 2020, sales at
Grendene SA were 1.90 billion Brazilian Reals (US$358.63 million).
decrease of 8.4%
versus 2019, when the company's sales were 2.07 billion Brazilian Reals.