1. BGF Retail Q2 Earnings: Key Highlights
On August 20, 2025, BGF Retail announced its Q2 2025 earnings and held a corporate briefing. Consolidated revenue for the first half of 2025 slightly decreased year-over-year, primarily due to base effects related to the timing of subsidiary consolidation. While the convenience store business maintained solid growth, operating profit declined due to increased SG&A expenses.
2. Drivers of Performance and Future Outlook
The decline in operating profit was mainly attributed to increased SG&A expenses. BGF Retail is investing in long-term competitiveness, including new distribution centers, which can lead to short-term cost increases. However, these investments are expected to improve operational efficiency in the long run. Macroeconomic uncertainties, such as global interest rate hikes and exchange rate volatility, also pose risks.
3. Action Plan for Investors
BGF Retail holds a leading position in the Korean convenience store market and is seeking growth drivers through overseas expansion and business diversification. Investors should carefully consider the company’s future earnings guidance, overseas performance, and new business plans before making investment decisions. Pay close attention to cost efficiency and profitability improvement efforts, as well as strategies to address intensifying competition.