PAL GROUP Holdings CO (2726) Q1 2026 earnings summary

Executive summary

• Net sales rose 14.2% year-over-year to ¥58,727 million for the three months ended May 31, 2025, driven by strong performance in both Apparel and Miscellaneous Goods/Accessories segments.

• Operating profit increased 24.6% year-over-year to ¥7,854 million, with profit attributable to owners of parent up 24.7% to ¥5,234 million.

• Gross profit margin improved to 59.0%, reflecting successful product strategies and inventory management.

Financial highlights

• Net sales: ¥58,727 million (+14.2% YoY); Operating profit: ¥7,854 million (+24.6% YoY); Ordinary profit: ¥7,857 million (+22.3% YoY); Profit attributable to owners of parent: ¥5,234 million (+24.7% YoY).

• Comprehensive income: ¥5,292 million (+25.8% YoY).

• Basic earnings per share: ¥60.29 (vs. ¥48.36 last year).

Outlook and guidance

• Full-year net sales forecast at ¥231,000 million (+11.2% YoY), operating profit at ¥26,400 million (+11.6% YoY), and profit attributable to owners of parent at ¥16,850 million (+42.2% YoY).

• No change to previously announced forecasts.

• EPS forecast for full year: ¥97.03 (post-stock split basis).