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Misto Holdings Reports Q2 2026 Operating Profit of KRW 295.2 Billion, Up 62.3% YoY

2026.08.14

[Seoul, South Korea - August 14, 2026] Misto Holdings announced its financial results for the second quarter of 2026.  Consolidated revenue increased 16.6% year-on-year to KRW 1.4 trillion, while operating profit rose 62.3% to KRW 295.2 billion. 

Strong performance at Acushnet and improved profitability in the Misto segment drove the second-quarter results. Acushnet benefited from strong new product sales, while a one-time tariff refund provided an additional lift to earnings.

The Misto segment recorded second-quarter revenue of KRW 200.4 billion and operating profit of KRW 36.4 billion. Revenue declined 7.4% year-on-year, primarily reflecting the restructuring of its U.S. operations. Excluding the U.S. business, revenue grew 4.0%. Operating profit increased 6.6%, supported by improved profitability in Korea, growth in Greater China and company-wide cost efficiency initiatives.

FILA delivered broad-based growth across both footwear and apparel. GLIO, introduced for the Spring/Summer season, maintained strong sales momentum, while MY T-SHIRT emerged as a key apparel item, with search volume increasing approximately fivefold year-on-year and sales up 20%. FILA also continued to expand its retail footprint in Southeast Asia, opening new stores in key commercial districts in Malaysia and introducing the region’s first FILA 1911 Store.

In Greater China, Misto Holdings continued to expand its brand portfolio, building on steady growth across its core brands. The company began the full-scale rollout of JUUN.J, a global designer brand from Samsung C&T Fashion Division, opening stores at Chengdu Taikoo Li in July and Beijing Sanlitun in August. Additional brand launches are planned for the Spring/Summer 2027 season as the company continues to strengthen its long-term growth platform in the region.

The Acushnet segment posted second-quarter revenue of KRW 1,230.8 billion and operating profit of KRW 258.8 billion, up 21.7% and 75.2% year-on-year, respectively. Performance remained strong across key Titleist categories, including golf balls, clubs and gear, with new driver and fairway wood launches providing an additional boost to sales.

Acushnet also benefited from the strategic timing of key product launches ahead of the peak golf season. Higher equipment sales and average selling prices supported revenue growth, while a one-time tariff refund contributed to the significant increase in operating profit.

Meanwhile, Misto Holdings continues to execute its shareholder return policy to enhance shareholder value. The company has completed the KRW 10 billion share repurchase approved in May and has approved an additional KRW 5 billion share repurchase, further advancing its ongoing shareholder return initiatives.

Ho Yeon (Aaron) Lee, CFO of Misto Holdings, said, “Our second-quarter results reflect continued progress in strengthening the competitiveness and profitability of our core businesses. In the second half of the year, we will remain focused on enhancing FILA’s product competitiveness in Korea, expanding our brand portfolio in Greater China, and driving greater operational efficiency to build a stronger foundation for sustainable growth.”

 

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