Alpargatas Posts 33% Jump in Q1 Sales
First quarter sales at the parent company of Havaianas and Osklen increased 33% to BRL 901.3 million ($165.5 mm), posting its best first quarter in a decade as growth accelerated both domestically and abroad following the continued easing of Covid-19 lockdown measures. Net income from continuing operations jumped 74% to BRL 135.0 million ($24.8 mm), helped by a 300 basis point expansion in gross margin to 52.5% that came ... Log in to view full article.
