Grendene stock reports BRL 89.41 million Q2 profit

Published on 10/06/2026 at 09:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Grendene stock closed at BRL 4.03 on October 2, 2026, while Q2 revenue reached BRL 552.84 million. Adjusted EBIT fell 48.6 percent year over year.

Grendene, BRGRNDACNOR3, Illustration mit AI erstellt.

Grendene stock (ISIN BRGRNDACNOR3) closed at BRL 4.03 on October 2, 2026, gaining 3.87 percent on the session. The move came as the footwear maker heads toward its next scheduled results after a second quarter in which revenue held near the prior-year level while adjusted EBIT weakened.

Q2 revenue stays broadly stable

Grendene reported BRL 552.84 million in net revenue for Q2 2026, compared with BRL 555.28 million in Q2 2025. According to TraderNews, the company sold 26.783 million pairs in the quarter and increased dollar-denominated exports by 14.8 percent.

Net income reached BRL 89.41 million in Q2 2026, versus BRL 143.6 million in Q2 2025. The earnings comparison is sharper than the revenue comparison, pointing to operating costs and profitability as the central issues for the next update.

Adjusted EBIT puts margins under pressure

Adjusted EBIT fell 48.6 percent year over year to BRL 15.75 million, leaving an adjusted EBIT margin of 3.3 percent in Q2 2026. The figures cited by TraderNews make margin recovery a more important test than headline revenue growth.

The balance sheet still offers a counterweight. Grendene held BRL 452.65 million in cash and short-term investments at June 30, 2026, against total debt of BRL 96.58 million, while shareholders' equity stood at BRL 3.211 billion.

November results set the next test

Grendene's next scheduled checkpoint is the Q3 and nine-month 2026 results release on November 5, 2026, followed by an investor conference on November 6, 2026. TraderNews identifies the November release as the next test of whether adjusted margins can recover from the 3.3 percent Q2 level.

Stock closes at BRL 4.03

Grendene closed at BRL 4.03 on the B3 in Sao Paulo on October 2, 2026, with a daily gain of 3.87 percent. The same session's market capitalization was BRL 3.636 billion, according to the dated quote page.