본문 바로가기

KOR ENG
Corporate

Misto Holdings Reports Strong Q1 2026 Results as Global Portfolio Diversification Gains Momentum

2026.05.18

[Seoul, South Korea – May 18, 2026] Misto Holdings announced its financial results for the first quarter of 2026 through a regulatory filing on May 15. Consolidated revenue for Q1 2026 increased 4.2% year-over-year to KRW 1.3 trillion, while operating profit rose 19.0% to KRW 193.7 billion.

 

The company attributed the results to continued growth in the Acushnet business and improved profitability in the Misto segment, despite ongoing macroeconomic uncertainties including slowing global economic conditions and weakened consumer sentiment. In particular, restructuring effects from the U.S. business and portfolio optimization strategies contributed positively to profitability improvement.

 

By business segment, the Misto division recorded KRW 185.8 billion in revenue during the quarter. Although revenue declined year-over-year due to the restructuring of its U.S. business, revenue excluding the U.S. operations increased 3.8%, maintaining stable growth momentum.

 

The Greater China business maintained double-digit growth and further established itself as a key growth driver for the company. Major K-fashion brands including MARITHÉ+FRANҪOIS GIRBAUD, Matin Kim, Rest & Recreation, and RAIVE continued to strengthen their presence across Mainland China and Hong Kong. In particular, increased tourism traffic driven by major K-pop concerts and cultural events in Hong Kong contributed to stronger retail traffic and robust sales growth for K-fashion brands.

 

FILA continued to strengthen its lifestyle footwear category centered around the “Echappe” franchise, while expanding consumer engagement through its new “GLIO” lineup. Reflecting current fashion trends such as low-profile silhouettes and balletcore aesthetics, GLIO received positive market responses shortly after launch. In apparel, FILA further enhanced competitiveness through its Knit Track line, which recorded approximately 74% sales growth during the first 12 weeks of the 2026 Spring/Summer season compared to the same period of the previous Fall/Winter season, emerging as a new signature item within the apparel category.

 

The Acushnet segment posted KRW 1.1 trillion in revenue for the quarter, up 8.0% year-over-year, driven by strong performance across all categories. Sales growth was supported by increased demand for Titleist T-Series irons, the newly launched Vokey Design SM11 wedges, and higher average selling prices of Pro V1 golf balls. Operating profit increased 6.9% year-over-year to KRW 171.5 billion, despite higher tariffs and increased marketing expenses related to new product launches, supported by favorable foreign exchange effects and overall sales growth.

 

Meanwhile, Misto Holdings continues to execute its previously announced KRW 500 billion shareholder return policy covering 2025 through 2027. In March and May of this year, the company approved additional treasury share buybacks totaling KRW 20 billion. As a result, cumulative shareholder returns reached approximately KRW 305.4 billion, representing 61.1% of the total policy target.

 

In addition, through its “Corporate Value-Up Plan” announced in April, the company introduced a mid- to long-term shareholder return framework, including maintaining an average total shareholder return ratio above 40% for 2026–2027 and regular treasury share cancellations.

 

Ho Yeon (Aaron) Lee, CFO of Misto Holdings, said, “Despite continued macroeconomic uncertainties, we maintained stable growth momentum based on strengthened brand competitiveness and operational efficiency improvements. Moving forward, we will continue to solidify our sustainable growth foundation through expansion in Greater China, enhancement of our brand portfolio, and profitability-focused management.”


URL Copied
Adjust font size