Natura released its financial results for the second quarter of 2026. Revenue during the quarter was $1 billion. Natura’s Hispanic market showed strong, accelerated growth of 7.2%, which was driven by progress in Mexico and recovery in Argentina. In the region, the Natura brand grew 12.3% while Avon grew 4.7% with an EBITDA margin of 7.6%. In Brazil, performance was reportedly impacted by product unavailability, temporary tax mismatches and a subdued buyer market, with an EBITDA margin of 16.4%. Consolidated EBITDA was $121 million in the quarter with a margin of 12%.
The company took a number of actions to prepare for future growth, including initiatives to rebalance the supply chain, incentives for the sales force and commercial strategies targeting high-turnover categories, and a return to a rapid pace of store openings and a new franchise agreement model.
“The operational challenges in the quarter stemmed from necessary adjustments to pave the way for future business growth, such as investments in digital and logistics capabilities and the realignment among direct sales, online, and franchise channels, although product shortages were greater than initially anticipated,” said João Paulo Ferreira, Natura CEO. “We have a business built on strong brands, distributed through a unique model in high-potential markets, and backed by a committed, innovative and execution-driven team. This is a powerful combination designed to deliver consistent financial growth, high margins and strong returns.”
