CJ (001040) Q4 2025 earnings summary

Executive summary

• 4Q25 consolidated sales rose 1.6% year-over-year to 11.9tn KRW, with operating profit up 13.6% to 712.3bn KRW, but a net loss of 655.4bn KRW was recorded due to impairment of subsidiaries' assets.

• Olive Young achieved record quarterly sales, with strong growth in both offline (+21% YoY) and online (+34% YoY) channels.

• FoodVille sales increased 12.2% YoY, driven by dining and overseas bakery expansion, though net income declined due to a high base last year.

Financial highlights

• Gross profit margin improved to 28.6% in 4Q25 from 27.8% in 4Q24.

• Operating profit margin increased to 6.0% from 5.4% year-over-year.

• Net loss of 655.4bn KRW in 4Q25, compared to a net loss of 16.0bn KRW in 4Q24.

• Non-operating losses widened significantly, impacting bottom-line results.

Outlook and guidance

• Olive Young plans to accelerate global expansion in 2026, including opening a US offline store and localizing its online mall.

• FoodVille aims to further expand its US bakery presence and boost brand awareness.