LG H&H (051900) Q3 2026 earnings summary

Executive summary

• Q3 2026 sales were KRW 1,577bn, down 0.2% YoY; operating profit rose 52.4% to KRW 70bn as Beauty narrowed its loss.

• 3Q YTD sales fell 1.5% to KRW 4,811bn, while operating profit increased 15.5% to KRW 281bn.

Financial highlights

• Q3 gross profit increased 2.8% YoY to KRW 771bn; SG&A declined 0.5% to KRW 700bn.

• Q3 profit before tax fell 89.8% to KRW 3bn; net profit decreased 45.2% to KRW 13bn, and parent-attributable net profit fell 53.9% to KRW 8bn.

• 3Q YTD gross profit rose 0.5% to KRW 2,446bn; operating profit increased 15.5% to KRW 281bn and net profit rose 8.3% to KRW 179bn.

Segment performance

• Beauty Q3 sales decreased 0.3% YoY to KRW 661bn; operating loss narrowed to KRW 11bn from KRW 49bn, supported by DFS recovery and domestic store optimization.

• HDB Q3 sales increased 3.8% to KRW 419bn; operating profit declined 3.1% to KRW 31bn as higher marketing investment weighed on results.

• Refreshment Q3 sales fell 3.1% to KRW 497bn and operating profit declined 19.9% to KRW 50bn.

• 3Q YTD Beauty sales fell 3.4% to KRW 2,250bn while operating profit rose 435.6% to KRW 72bn; HDB sales rose 2.7% to KRW 1,195bn and operating profit 1.5%.

• 3Q YTD Refreshment sales decreased 1.7% to KRW 1,366bn and operating profit fell 14.5% to KRW 130bn.