BGF Retail stock: Q3 profit tops 100 billion won as CU gains

BGF Retail reported a stronger operating performance in the third quarter of 2026, although financial costs reduced net profit. According to The Herald Business, the CU operator released the figures on Thursday, November 5, 2026.

Foreign demand lifts quarterly earnings

Consolidated revenue rose 2.1 percent year over year to 2.52 trillion won. Operating profit increased 3.2 percent to 100.8 billion won, while net profit declined 6.4 percent to 74.2 billion won.

Foreign-customer sales rose 66.8 percent from a year earlier, extending a three-quarter acceleration. The company attributed the performance to spending by foreign visitors, processed foods and differentiated products, including items linked to popular intellectual property.

Product mix supports margins

BGF Retail said the sales mix improved as processed foods gained share and tobacco sales declined. The company also plans to widen its range of intellectual-property products and concentrate store openings on locations with stronger profitability.

BGF Retail's business and rivals

BGF Retail operates the CU convenience-store franchise in South Korea, supported by franchise management, food supply, logistics and digital services through the Pocket CU platform, according to BGF Retail. CU also expands through master-franchise agreements in overseas markets. In South Korea, the chain competes mainly with GS25, while emart24 and 7-Eleven are additional convenience-store rivals. CU has a broad domestic network and a growing overseas presence, making scale and product differentiation central to the competitive picture.

South Korean retail stocks remain exposed to household demand and competition among convenience-store chains; see the latest KOSPI market reports.