GS Retail 2026 Q1: Revenue and Net Profit Up, Financial Structure Improves

Consolidated revenue KRW 2.8549 trillion (+3.4% YoY), operating profit KRW 58.3 billion, controlling net profit KRW 43.1 billion
Q1 controlling net profit (KRW 43.1B) nearly equals full-year 2025 net profit (KRW 43.4B), showing strong performance
Revenue growth across all segments: convenience store (+3.7%), supermarket (+9.0%), home shopping (+1.6%)
Debt ratio 125.8%→125.8%, net debt-to-equity ratio 69.9%→69.1%, slightly improved
Dividend policy maintained (~40% payout ratio of consolidated controlling net profit); no additional share buyback/cancellation plans
Discontinued operations: Indonesia supermarket and Per'sp businesses halted; About Pet stake sold
Contingent liabilities: humidifier disinfectant lawsuit (KRW 150M, immaterial); personal data breach under investigation
Derivatives: 2 TRS contracts (Pangyo, Osiria), put options (Snackpo, IMDT, China Homeshopping, Digital Concept, Osiria Theme Park)