Grendene SA (GRND3)

Currency in BRL
3.53
+0.03(+0.86%)
Closed·
High dividend Yield
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Fair Value
Day's Range
3.473.53
52 wk Range
3.405.68
Key Statistics
Bid/Ask
3.50 / 3.55
Prev. Close
3.5
Open
3.5
Day's Range
3.47-3.53
52 wk Range
3.4-5.68
Volume
3.24M
Average Volume (3m)
3.04M
1-Year Change
-31.9166%
Fair Value
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Fair Value Upside
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GRND3 Scorecardpro icon
Company’s Health
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Fair Price
Upside
Analysts Sentiment
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Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low earnings multiple

Grendene SA News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Grendene SA Earnings Call Summary for Q2/2026

  • Grendene Q2 adjusted EBIT plunged 48.6% YoY to BRL 95.3M amid weak domestic demand and shift to lower-priced products; shares fell 2.82% to $3.44.
  • Gross revenue declined 3.2% to BRL 731.8M; domestic volume down 1.9% while international volume rose 4.8% as Brazilian consumers remained pressured.
  • Gross margin improved slightly to 48.2% on lower raw material costs, but EBIT margin compressed 220bps to 3.3% due to weaker operating leverage.
  • Company maintains strong balance sheet with BRL 1.5B net cash; management expects margin recovery in H2 as product mix shifts to higher-value items.
  • Strategic focus remains on strengthening Ipanema brand, expanding EVA products, and growing Latin American presence through local distributor partnerships.
Last Updated: 2026-08-07, 10:26 a/m
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Earnings

Latest Release
Aug 06, 2026
EPS / Forecast
-- / --
Revenue / Forecast
552.84M / --
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -
Dividend Yield
42.16%
Industry Median 3.36%
Annualized payout
1.49
Paid unevenly
5-Years Growth
-16.07%
Growth Streak

GRND3 Income Statement

Compare GRND3 to Peers and Sector

Metrics to compare
GRND3
Peers
Sector
Relationship
P/E Ratio
5.5x9.5x10.3x
PEG Ratio
-0.040.02
Price/Book
1.0x1.1x1.4x
Price / LTM Sales
1.3x1.2x0.9x
Upside (Analyst Target)
-67.5%26.3%
Fair Value Upside
Unlock24.6%12.0%Unlock

Grendene S.A., together with its subsidiaries, engages in the development, production, distribution, sale, and market of plastic footwear in Brazil, North America, Asia, Oceania, Europe, Central and South America, the Middle East, and Africa. The company sells its products through its stores, franchised stores, and e-commerce channel, as well as commercial representatives, distributors, and direct exports under the Melissa, Rider, Ipanema, Zaxy, Cartago, Grendha, Pega Forte, and Grendene Kids brands. It also licenses the use of celebrity personalities and characters in the children’s media. The company also exports its products. Grendene S.A. was incorporated in 1971 and is headquartered in Sobral, Brazil.

Employees
16378
Market
Brazil

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
130.72M14.49%461.45M
Other Institutional Investors
773.02M85.51%2.73B
Public Companies & Retail Investors
0.000.00%0.00
Total
903.74M100.00%3.19B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
UNION SUPER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES42.85%386,575,9071,364,613
Nova Milano Investimentos Ltda42.85%386,575,9071,364,613

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FAQ

What Is the GRENDENE ON (GRND3) Stock Price Today?

The GRENDENE ON stock price today is 3.53 BRL.

What Stock Exchange Does GRENDENE ON Trade On?

GRENDENE ON is listed and trades on the B3 Stock Exchange.

What Is the Stock Symbol for GRENDENE ON?

The stock symbol for GRENDENE ON is "GRND3."

Does GRENDENE ON Pay Dividends? What’s The Current Dividend Yield?

The GRENDENE ON dividend yield is 42.16%.

What Is the GRENDENE ON Market Cap?

As of today, GRENDENE ON market cap is 3.16B BRL.

When Is the Next GRENDENE ON Earnings Date?

GRENDENE ON will release its next earnings report on Nov 05, 2026.

From a Technical Analysis Perspective, Is GRND3 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has GRENDENE ON Stock Split?

GRENDENE ON has split 1 times.

How Many Employees Does GRENDENE ON Have?

GRENDENE ON has 16378 employees.

What is the current trading status of GRENDENE ON (GRND3)?

As of Aug 15, 2026, GRENDENE ON (GRND3) is trading at a price of 3.53 BRL, with a previous close of 3.50 BRL. The stock has fluctuated within a day range of 3.47 BRL to 3.53 BRL, while its 52-week range spans from 3.40 BRL to 5.68 BRL.
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