Alpargatas shares rise following strong third quarter results

Alpargatas shares rose over 6% following the release of third quarter 2026 results that exceeded market expectations. The company reported an adjusted net profit of R$ 191 million, a 7% increase compared to the previous year and 9% above consensus estimates. Adjusted EBITDA grew 11% to R$ 284 million.

Analysts from JPMorgan and Bradesco BBI noted improvements in international profitability and healthy demand within the Brazilian market. While the company saw expansion in gross margins, analysts pointed to marketing, freight, and compensation expenses as areas requiring attention. XP Investimentos also highlighted record EBITDA for the company’s Brazilian operations.