3.87
-0.51%
Close of 9 Nov 2026, in BRL
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About Grendene
Its shares trade on B3 under the ticker GRND3.SA. It has been listed since 29 October 2004. In the fiscal year to 31 December 2025, it reported revenue of BRL 2.58bn and net income of BRL 644.8m. At that date it held total assets of BRL 4.50bn and shareholders' equity of BRL 3.15bn.
Grendene SA engages in the development, manufactures distribution and sale of footwear. The company is headquartered in Sobral, Ceara. The company went IPO on 2004-10-29. The firm's activities are divided into two business segments: Footwear and Furniture. The Footwear division develops, manufactures, distributes and sells shoes for various uses and for all social classes, in the male, female, child and mass market segments. Its brand names portfolio includes Rider, Ipanema, Zaxi, Grendha, Grendene Kids and Melissa, among others. The Furniture division focuses on the sale, import and export of furniture and supplements made from plastic. The firm sells its products through commercial representatives, distributors and direct export. The company operates a number of manufacturing plants in Brazil. The company controls Grendene Argentina SA, MHL Calcados Ltda and Grendene USA Inc, among others.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Textiles, Apparel & Luxury Goods
- Listed since
- 29 Oct 2004
- Employees
- 18,340
- Website
- grendene.com.br ↗
Leadership
Pay as last reported
- Mr. Alexandre Grendene BartelleChairman of the Board, since 2013
- Mr. Rudimar Dall'OnderChief Executive Officer, Member of the Executive Board
- Mr. Gelson Luis RostirollaDeputy Chief Executive Officer, Member of the Executive Board
- Mr. Pedro Grendene BartelleVice Chairman of the Board, since 2013
- Mr. Alceu De AlbuquerqueChief Financial and Administrative Officer, Investor Relations Officer, Member of the Executive Board, since 2024
- Mr. Oswaldo De Assis FilhoMember of the Board of Directors
- Mr. Mailson NobregaMember of the Board of Directors
- Mr. Renato OchmanMember of the Board of Directors
- Mr. Walter Janssen NetoIndependent Member of the Board of Directors
- Mr. Bruno RochaIndependent Member of the Board of Directors
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 50
- Environment
- 73
- Social
- 62
- Governance
- 16
- Direct emissions (scope 1)
- 2,399.06 t
- Energy emissions (scope 2)
- 3,827.8 t
- Value chain emissions (scope 3)
- 22,541.83 t
- Women in the workforce
- 40.90936%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Grendene SA has established itself as a leading manufacturer of footwear in Brazil, with a strong market presence both domestically and internationally. The company boasts a diverse product portfolio, offering a wide range of affordable and fashionable shoes to cater to different customer segments. This allows Grendene SA to capture a significant market share and enjoy economies of scale.
- The company's strong distribution network ensures efficient product delivery and widespread availability. Grendene SA has strategic partnerships with prominent retailers, enabling them to reach a larger customer base. Additionally, the company has a robust online presence, leveraging e-commerce platforms to expand its market reach and increase sales.
Weaknesses
- Grendene SA heavily relies on the Brazilian market, which is vulnerable to economic fluctuations. Any slowdown in the domestic economy could impact consumer spending and dampen demand for footwear products, potentially affecting the company's sales and profitability.
- The company faces intense competition from both domestic and international footwear manufacturers. This competitive landscape poses challenges in terms of pricing, innovation, and retaining customer loyalty.
Opportunities
- There is a growing trend towards sustainable and eco-friendly products in the footwear industry. Grendene SA can seize this opportunity by focusing on developing and promoting environmentally conscious footwear options, which can attract environmentally conscious consumers and differentiate the company from its competitors.
- Expanding into new international markets presents a significant growth opportunity for Grendene SA. By leveraging its strong brand reputation and diversified product portfolio, the company can target emerging economies where there is a rising demand for affordable footwear.
Threats
- Currency fluctuations can have a negative impact on Grendene SA's profitability, especially if the Brazilian Real weakens against key international currencies. This can increase production costs, affecting the company's margins.
- Changes in fashion trends and consumer preferences can pose a threat to Grendene SA's business. The company needs to stay agile and adapt to evolving market trends to ensure that its products remain desirable and relevant.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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