Grendene S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported net income was BRL 123.12 million compared to BRL 125.47 million a year ago. Basic earnings per share from continuing operations was BRL 0.1365 compared to BRL 0.1391 a year ago.

Diluted earnings per share from continuing operations was BRL 0.1363 compared to BRL 0.139 a year ago.