For the quarter ended June 30, 2026, Misto Holdings has reported consolidated sales of KRW 1.4312 trillion (~$1.01 billion, as per conversion rate of $1=KRW 1,415.0994 as on August 17, 2026), up 16.6 per cent year on year (YoY).
Misto Holdings’ Q2 sales rose 16.6 per cent year on year, with operating profit up 62.3 per cent on Acushnet growth, cost efficiency and a tariff refund.
Acushnet sales rose 21.7 per cent as golf balls, clubs and gear gained from launches, higher prices and optimised timing.
Fila’s domestic shoes and clothing improved, overseas stores expanded in Malaysia, and JUUN.J opened stores in China.
The operating profit surged 62.3 per cent to KRW 295.2 billion (~$208.61 million), supported by higher sales, improved profitability in the Misto division, and a one-time tariff refund benefit. The Acushnet division, which includes the Titleist golf brand, recorded sales of KRW 1.2308 trillion (~$869.76 million), a 21.7 per cent YoY increase, with operating profit rising 75.2 per cent to KRW 258.8 billion (~$182.88 million).
“The performance in the second quarter was driven by strengthening the competitiveness of core businesses and improving profitability. It was a continuous quarter. In the second half of the year, domestic Fila’s product competitiveness will be strengthened and we plan to further solidify our foundation for sustainable growth by expanding our brand portfolio in the Greater China region and improving business efficiency,” said Lee Ho-yeon, chief financial officer, Misto Holdings.
The Misto division posted sales of KRW 200.4 billion (~$141.62 million) and operating profit of KRW 36.4 billion (~$25.72 million), with profit growth driven by domestic business improvements and cost efficiency, the company said in a press release.
Acushnet and domestic Fila drive regional and category growth
Acushnet saw stable sales across major categories such as golf balls, clubs, and gear, with new product launches and higher average selling prices contributing to top-line growth. The division also benefited from optimised product launch timing and a one-time tariff refund, which further boosted profitability.
In the domestic market, the company achieved even growth in shoes and clothing, with signature products such as the ‘GLIO’ shoe and ‘MY T-shirt’ driving strong sales. Overseas, Fila expanded its retail presence, opening new stores in Malaysia and launching the first ‘FILA 1911 Store’ in Southeast Asia. In China, the company focused on diversifying its brand portfolio and began distribution of the global designer brand JUUN.J, opening new stores in Chengdu and Beijing.
Margin expansion and cost efficiency
Operating margin improved significantly due to higher sales, cost efficiency measures, and the positive impact of the tariff refund. The Misto division’s operating profit rose 6.6 per cent YoY, despite a 7.4 per cent decrease in sales due to US subsidiary restructuring, as domestic profitability and growth in China offset the decline. The company continued to prioritise cost control and business efficiency across all divisions.
Fibre2Fashion News Desk
