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Edge14 Aug 2026
Deutsche Qualität: The Story of Birkenstock
From an 18th-century German shoemaker to a global footwear brand, how Birkenstock turned an orthopedic insole into the world's most popular sandal.
Cosmax
Cosmax (192820) investor relations material
Cosmax Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary13 Aug, 2026
Executive summary
Achieved record-high quarterly revenue of 794.9 KRW bn in Q2 2026, up 27.5% year-over-year, with operating profit rising 21.2% to 73.7 KRW bn.
Growth was broad-based across all regions, with Korea, China, and the US showing strong performance.
Net profit surged 129.0% year-over-year to 50.0 KRW bn, driven by improved operating leverage and non-operating gains.
Financial highlights
Gross profit increased 26.3% year-over-year to 142.5 KRW bn, with gross margin stable.
SG&A expenses rose 32.1% to 68.8 KRW bn, reflecting higher commissions and bad debt expenses.
Profit before tax jumped 145.3% to 64.7 KRW bn.
Assets grew to 2,672.1 KRW bn, and equity increased to 710.4 KRW bn.
Outlook and guidance
Growth momentum expected to continue, especially in the US as it enters a full turnaround phase.
Skincare category expansion and new product launches anticipated to drive further gains.
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Latest events from Cosmax
- Q1 2026 revenue up 15.9% YoY and net profit up 312.1%, driven by Korea and China growth.192820
Q1 2026 - Strong revenue and profit growth in 4Q 2025, led by health supplement and holding segments.192820Q4 2025
- Revenue up 1.0% YoY, but profit declined on one-off costs; R&D and ESG efforts remain strong.192820Q3 2025
- H1 2025 revenue hit KRW 1,212.1B, with net profit impacted by non-operating expenses.192820Q2 2025
- Korea and Southeast Asia drove robust profit growth, offsetting China and US weakness.192820Q3 2024
- H1 2024 revenue reached ₩1,078.3B with net income of ₩54.9B, led by Korea and Southeast Asia growth.192820Q2 2024
- Q1 2025 revenue and operating profit grew, but net profit fell due to one-off and non-operating losses.192820Q1 2025
- Record Q4 profit growth driven by Korea and Southeast Asia, with net profit turning positive.192820Q4 2024
Next Cosmax earnings date
Q3 202611 Nov, 2026
Cosmax
Next Cosmax earnings date
Q3 202611 Nov, 2026
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@theshortbearx.com
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