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Misto Holdings Reports 1.24 Trillion Won in Q1 2025 Consolidated Revenue, Up 4.6% YoY

2025.05.16

- Consolidated revenue of 1.24 trillion won in Q1 2025, a 4.6% year-on-year growth, backed by strong performance of its U.S. golf subsidiary despite difficult macroeconomic conditions.

- Acushnet segment maintains revenue with strong sales of new Pro V1, Pro V1x and continued momentum in golf clubs, despite U.S. tariff challenges.

- The Misto segment achieved solid performance driven by strong FILA footwear sales, growing Gen Z engagement, and steady results across its diversified brand portfolio.

- Misto Holdings aims to enhance brand value and improve profitability through a long-term strategic approach.

 

 

Misto Holdings announced its first-quarter 2025 results via public disclosure on May 15. The company reported consolidated revenue of 1.24 trillion won, representing a 4.6% year-on-year increase, and operating profit of 162.7 billion won.

 

By business segment, the Acushnet division recorded revenue of 1.02 trillion won, up 8.7% compared to the same period last year, maintaining a solid position based on strong sales of new Pro V1/Pro V1x and continued momentum in golf clubs.

 

Acushnet delivered improved performance in the first quarter despite rising raw material prices, weakening consumer sentiment, and policy uncertainties such as U.S. tariffs. Golf balls—used by 75% of professional tours worldwide and 68% of tour winners—along with clubs and gear, continued to show year-over-year growth, serving as a key driver of performance.

 

The Misto division posted revenue of 215.7 billion won, supported by strong domestic footwear sales and diversification of online DTC channels, even amid economic downturn. The company is making multifaceted efforts to enhance brand value over the long term, including strengthening product competitiveness and increasing marketing investment. FILA’s footwear franchise, particularly the Echappe series and the traction from the 2030 consumers increased significantly, receiving a positive response in the market. Misto Group’s diversified brand business portfolio—including royalties and joint ventures—also continues to show steady performance.

 

Meanwhile, Misto Holdings announced a new shareholder return policy earlier this year, targeting up to 500 billion won in shareholder returns from 2025 to 2027. Following the announcement of a 70 billion won share buyback in March, the Board of Misto Holdings Corp. approved an additional 30 billion won share buyback this month. As a result, a total of 100 billion won will be allocated to shareholder returns in the first half of 2025 alone, continuing the company’s active shareholder return commitment.

 

Ho Yeon (Aaron) Lee, CFO of Misto Holdings, stated, “Despite global policy uncertainties such as U.S. tariffs and weak consumer sentiment at home and abroad, sustained growth within our diversified business portfolio supported our overall business performance growth. Misto Group will continue to focus on performance improvement and brand value enhancement.”

 

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