Every beach in the world has seen a pair of Havaianas. The Brazilian company behind those rubber flip-flops has quietly turned a brutal two-year slump into a solid comeback — and its controlling families are firmly back in control of the narrative. Full nameAlpargatas S.A. Tickers / exchangeALPA3 (common), ALPA4 (preferred) — B3, São Paulo HeadquartersAv. das Nações Unidas 14.261, São Paulo, SP, Brazil SectorConsumer Cyclical — Footwear & Accessories EmployeesOver 17,000 (company-disclosed) Market value (market cap)R$6.27bn (US$1.20bn) Yearly sales (revenue, FY2025)R$4.56bn (US$877m) Net profit (FY2025)R$569m (US$109m) Net margin (FY2025)12.5% …
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