Grimoldi stock expands its retail footprint with Mango
Published on 10/01/2026 at 04:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Grimoldi stock is linked to a new Mango store planned for October 2, 2026, according to Cronista. The agreement gives the Argentine footwear retailer a measurable retail expansion angle as international brands return to the market.
Mango adds a growth outlet
Forbes Argentina reported on September 23, 2026, that the plan covers five stores over five years. The first location is scheduled for Alto Palermo, with the operating target tied to the October 2, 2026 opening date.
The rollout matters because it adds a franchise-led growth channel alongside Grimoldi's established footwear business. The planned five-store footprint also gives the strategy a defined operating scale rather than a single-location test.
Historical earnings provide the scale
Historical fiscal-year 2024 revenue reached ARS 220.60 billion, compared with ARS 113.24 billion in fiscal year 2023, a 94.81 percent increase, according to Eulerpool. The same source lists EBIT at ARS 49.98 billion in 2024 versus ARS 33.91 billion in 2023, while net income rose to ARS 11.45 billion from ARS 2.38 billion.
Those historical figures show that the retail expansion is being discussed against a business that already had substantial revenue growth through 2024. They do not replace the next reported period, but they establish the financial scale behind the franchise strategy.
Market value reaches ARS 107.5 billion
Grimoldi's market capitalization stood at ARS 107.5 billion as of September 17, 2026. The stock is identified by the ticker GRIM2.BA, while the company operates in cyclical consumption and the textiles, apparel and luxury goods industry.
Grimoldi stock facts
- Company: Grimoldi
- Ticker: GRIM2.BA
- Market capitalization: ARS 107.5 billion (as of September 17, 2026)
- Sector / Industry: Cyclical consumption / Textiles, Apparel and Luxury Goods
