Vivara Participações S.A. (VIVA3) Earnings Call Transcripts
Vivara Participações S.A.'s Latest Earnings Call - Q1 FY2026
In the first quarter of 2026, Vivara Participações S.A. (VIVA3:BR) reported a revenue of $120 million, which was inline with expectations, but showed a decline compared to the previous quarter. The company maintained its gross margin at approximately 69%, signaling stability despite rising gold prices. Management indicated a cautious outlook for the remainder of the year, with expectations for revenue growth driven by new product launches and improved inventory management. No changes to guidance were made during the call, but management emphasized a focus on maintaining healthy margins and optimizing inventory levels.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $120M (inline) |
| Gross Margin | 69% (positive) |
| Inventory Days | 77 days (positive) |
| SG&A Growth | 20% (neutral) |
| Same-Store Sales Growth | 10% (positive) |
| Average Ticket Price | stable (positive) |
Guidance from management
Management maintained its guidance for the year, emphasizing a focus on new product launches and inventory optimization. They expect to sustain gross margins around 69% despite market pressures.
What analysts pressed on
Analysts expressed concerns regarding the competitive landscape and the impact of rising gold prices on margins. There were questions about the sustainability of revenue growth and the effectiveness of inventory management strategies moving forward.
Main topics on the call
- Revenue Performance — Vivara reported revenue of $120 million for Q1 2026, which was inline with expectations. However, this reflects a decline from the previous quarter, indicating potential challenges in maintaining growth momentum.
- Gross Margin Stability — Management confirmed that gross margins remained stable at approximately 69%, despite pressures from rising gold prices. CEO Thiago Borges stated, "the margin of the company is around 69% and... we don’t see... pressure ...
- Inventory Management — The company achieved a reduction in inventory days to 77, the lowest since its IPO. Cassiano Lemos noted, "our average stock in the stores have been reduced by approximately 20%" indicating effective inventory management...
- Pricing Strategy — Vivara has adjusted prices in response to market dynamics, with management stating that they have "been able to maintain good levels with high level of efficiency" in pricing despite competitive pressures.
Read the full Vivara Participações S.A. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Vivara Participações S.A.
Vivara Participações S.A. (VIVA3) is a publicly listed company in the Textiles, Apparel and Luxury Goods industry, within the Consumer Discretionary sector. It trades on BOVESPA and is based in BR. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 27 calls on record spanning March 24, 2020 to August 6, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 27 Vivara Participações S.A. earnings call transcripts on record, spanning March 24, 2020 to August 6, 2026. Based on this history, Vivara Participações S.A. reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- VIVA3
- Exchange
- BOVESPA
- Country
- BR
- Sector
- Consumer Discretionary
- Calls on record
- 27
- First call
- March 24, 2020
- Most recent
- August 6, 2026
- Reporting cadence
- quarterly