Companies

Alpargatas maintains growth in the second quarter

Aug 17, 2026 Brazil

The Brazil-based company that owns Havaianas has reported double-digit sales growth and a significant increase in profitability in the second quarter of the year

“The results recorded in 2Q26 consolidate the effectiveness of the initiatives implemented and the strategic decisions made along this trajectory”, reads the statement.

In the second quarter of 2026, Alpargatas recorded total net sales of 1.23 billion Brazilian reais (235.9 million US dollars), reflecting an increase of 11.3% compared to the same period last year.

The company’s adjusted EBITDA rose by 48.5% year-on-year during the quarter, reaching 286.0 million Brazilian reais (54.8 million US dollars), and its adjusted EBITDA margin rose by 5.8 percentage points to 23.3%. According to the statement, this was “the best result for a second quarter in our time series”. Net income reached 169.7 million Brazilian reais (32.5 million Brazilian reais), reflecting a 95.1% year-on-year increase.

“We have been able to keep our brand stronger every day, which also translates into the resumption of our growth, both in Brazil and in the international market. This combination of sales growth with cost and expenses discipline has allowed us to achieve healthy and growing margins”.

Brands

In the second quarter of the current financial year, the Havaianas brand generated total net sales of 1.22 billion Brazilian reais (234.0 million US dollars). This figure represents an 11.4% increase compared to the same period in 2025 and was driven by growth in both its domestic and international operations.

During the period, the brand sold 45.6 million pairs in Brazil, an 8.6% year-on-year increase, with net sales rising by 16.7% to 809.2 million Brazilian reais (155.1 million US dollars). The company attributed this strong sales performance to an improved product and channel mix.

Internationally, Havaianas sold 7.7 million pairs, a 11.9% increase compared with the second quarter of 2025, and net sales reached 405.8 million Brazilian reais (77.8 million US dollars), a 2.3% year-on-year increase.

Alpargatas emphasised that the international growth reflects the “successful execution” of higher seasonality in Europe, as well as a strong performance in Latin America and Asia during this period. In the United States, the volume of Havaianas sold declined by 30% while the company transitioned to a new distribution model. However, there was a 40% year-on-year increase during the first six months of 2026.

In the second quarter of 2026, Rothy’s recorded net sales of 61 million US dollars (11.7 million US dollars), which was a 3% year-on-year decrease. This was explained by a retraction in e-commerce sales volume.

First-Half Highlights

In the first six months of the current financial year, Alpargatas recorded net sales of 2.46 billion Brazilian reais (471.7 million US dollars), reflecting an 11.9% increase compared to the same period in 2025. Adjusted EBITDA and net income increased by 46.9% and 66.8% year-on-year, respectively, reaching 585.5 million (112.3 million) and 332.5 million Brazilian reais (63.8 million US dollars).

1 BRL = 0,19 USD

Image Credits: retailgazette.co.uk

Brazil Alpargatas Companies Footwear havaianas Quarter Results Results