Grimoldi launches 500-square-meter Mango store: what it means for Grimoldi stock

Published on 10/16/2026 at 01:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mango's first Saturday generated ARS 121 million in sales including VAT. The 2027 second-store plan gives Grimoldi stock a measurable retail test.

Retail diversification and earnings

Grimoldi opened its Mango store through a commercial agreement on October 6, 2026, with ARS 121 million in first-Saturday sales.
The Alto Palermo location covers more than 500 square meters, while a second store is planned for 2027.
Latest-quarter revenue reached ARS 64,925.254 million, up 5.22 percent from ARS 61,703.986 million in the prior quarter.

Grimoldi, ARP493071046, Illustration mit AI erstellt.

Grimoldi (ISIN ARP493071046) opened a Mango store in Argentina after its first Saturday generated ARS 121 million in sales including VAT on October 6, 2026. The agreement marks Grimoldi's move beyond footwear and gives the listed retailer a new operating test in fashion, as Clarin reported on October 6, 2026.

Three milestones shape the expansion

For fiscal year 2025, Grimoldi reported revenue of ARS 276,515.03 million and net income of ARS 14,918.69 million, according to Investing.com. The same source lists August 11, 2026 as the latest release date and gives latest-quarter revenue of ARS 64,925.254 million.

On August 11, 2026, the latest reported quarter also showed net income of minus ARS 1,539.658 million, compared with minus ARS 1,971.223 million in the prior quarter. Revenue rose 5.22 percent between those periods, while the net loss narrowed by ARS 431.565 million, making the new retail format a complement to a business still carrying quarterly losses.

What does the 2027 plan mean?

The Mango store occupies more than 500 square meters at Alto Palermo, and Grimoldi plans a second Argentine location in 2027, according to Los Primeros TV. The first store therefore supplies an observable test of demand before a larger rollout, while the company has not published a revenue forecast for Mango.

Quarterly figures frame the retail bet

Grimoldi's latest-quarter revenue of ARS 64,925.254 million was above the prior quarter's ARS 61,703.986 million, but the reported net loss shows why the Mango rollout matters as a potential source of sales and margin diversification.