Alpargatas lifts adjusted EBITDA to BRL 286 million for Alpargatas stock

Published on 10/21/2026 at 00:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EBITDA reached BRL 286.0 million in the second quarter, up from BRL 193.0 million. Results are due November 6, 2026.

Margin recovery and expansion plans

Alpargatas reported adjusted EBITDA of BRL 286.0 million for the second quarter on October 7, 2026.
International markets account for 80 percent of volume in 40 countries, according to Valor on October 6, 2026.
Alpargatas is scheduled to report quarterly results on November 6, 2026.

Alpargatas, BRALPAACNPR7, Illustration mit AI erstellt.

Alpargatas (ISIN BRALPAACNPR7) lifted adjusted EBITDA from BRL 193.0 million to BRL 286.0 million in the second quarter of 2026, while Alpargatas stock heads toward the next results date. Gazeta Mercantil reported the figures on October 7, 2026.

Margins outpace revenue growth

The second-quarter recovery was driven by operating leverage rather than revenue alone. Adjusted EBITDA rose 48.2 percent from BRL 193.0 million to BRL 286.0 million, while net revenue increased 11.3 percent and adjusted EBITDA margin advanced from 17.5 percent to 23.3 percent, according to Gazeta Mercantil.

Alpargatas also sold 53.3 million pairs and pieces in the second quarter, 9.0 percent more than in the same period of 2025. The combination of higher volume and a wider margin gives the result more operating depth than a revenue increase alone.

What is driving overseas growth

International expansion remains the strategic focus. On October 6, 2026, Valor reported that Havaianas was present in more than 100 countries but generated 80 percent of its sales volume in 40 countries. The company is directing distribution investment toward those priority markets.

The chronology shows the shift in emphasis. On October 6, 2026, management highlighted the 80 percent concentration across 40 countries. On October 7, 2026, adjusted EBITDA reached BRL 286.0 million in the second quarter. On October 16, 2026, Simply Wall St reported a consensus fair value change from BRL 15.44 to BRL 16.88.

Which dates matter next

The next scheduled reporting date is November 6, 2026, when Alpargatas is expected to publish quarterly results, according to TickerLandia. That release should show whether the margin improvement remained intact after the second-quarter increase.

Market value and investor context

Alpargatas has a market capitalization of BRL 8.5 billion as of October 20, 2026. The company operates in footwear and accessories, with Havaianas as its best-known brand, while Brazil remains the main volume base and international markets carry higher average selling prices.

The central question is whether Alpargatas can preserve a 23.3 percent adjusted EBITDA margin while expanding outside Brazil. A durable answer would require another period of profit growth above revenue growth, not only further sales volume.