Vivara Participacoes SA
BOVESPA:VIVA3
Vivara Participacoes SA
Vivara Participações SA is a holding company, which engages in the manufacturing and sale of jewelry and other articles. The company is headquartered in Sao Paulo, Sao Paulo and currently employs 4,430 full-time employees. The company went IPO on 2019-10-10. The company specializes in jewels that manufactures and sells across the country through its chain of more than 120 stores located in shopping malls in major Brazilian cities, such as Sao Paulo, Rio de Janeiro, Manaus, Belo Horizonte and Florianopolis, among others.
Vivara Participações SA is a holding company, which engages in the manufacturing and sale of jewelry and other articles. The company is headquartered in Sao Paulo, Sao Paulo and currently employs 4,430 full-time employees. The company went IPO on 2019-10-10. The company specializes in jewels that manufactures and sells across the country through its chain of more than 120 stores located in shopping malls in major Brazilian cities, such as Sao Paulo, Rio de Janeiro, Manaus, Belo Horizonte and Florianopolis, among others.
Record Results: Vivara delivered its highest-ever third-quarter revenue, gross margin, EBITDA margin, and operating cash generation.
Gross Margin Expansion: Management emphasized structural improvements in gross margin due to better input purchasing, pricing management, and increased efficiency at the new distribution center.
Inventory Strategy: Inventory increased due to gold purchases for seasonality, but management is confident they won’t need to buy more gold in the coming quarters, supporting future cash generation.
Price Pass-Through: While silver and gold costs rose, Vivara managed pricing carefully, limiting volume impact and planning gradual price adjustments if needed.
Life Brand Initiatives: Efforts to accelerate Life brand growth include new launches, Disney collections, and improved in-store product exposure, aiming to boost same-store sales.
E-commerce & Digital Growth: Digital channels showed progress with system integration and new initiatives like personal shoppers; further growth is expected in Q4.
SG&A & Marketing: Operating expenses rose due to professional services and marketing, but these are expected to remain stable going forward as investments support branding and efficiency.
No Major Guidance Changes: Management reaffirmed their operational strategies and did not signal any changes to existing guidance.
