GRIMOLDI reports a 9% drop in sales for the first 9 months of 2024
Según el último balance de la empresa argentina, productora y comercializadora de calzados, los resultados son consecuencias de que la recuperación del ingreso real de los consumidores todavía es incipiente, aunque reconoce señales de mejoría. En los meses de julio, agosto y septiembre, las ventas superaron en un 15% a las del mismo lapso de 2023. Esto es atribuido a la presentación de las nuevas colecciones de Primavera-Verano, acompañadas por estrategias promocionales y financiación en cuotas.
The total sales volume drop in the period January-September 2024 reached 1.45 million pairs, 6% less than the same period in 2023.
The company noted that foreign exchange restrictions and the difficulty in passing cost increases onto prices negatively impacted profitability.
Consolidated net income, adjusted for inflation, reflected a profit of $ 4.437 billion, significantly lower than the $ 21.231 billion reported in the first nine months of 2023.
The gross margin decreased from 57.5% to 54%, reflecting pressure on costs. In addition, marketing and administration expenses increased in proportion to sales, with adjustments necessary to adapt to more direct-to-consumer consumption and more demanding logistics processes.Nevertheless, GRIMOLDI continues to implement strategies to strengthen its competitiveness, with investments in its industrial plants in Arroyo Seco and Pilar to boost productivity and meet consumption demands.
The company, however, maintains a cautious outlook for 2025, acknowledging challenges in the macroeconomic environment. It plans to develop segmented collections, optimize logistics, implement strict expense controls, and adapt to foreign trade regulations and potential deregulations.
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