[Retail Walk] Lotte Shopping Driven by Department Stores—This Year’s Focus Shifts to Mart Performance

Lotte Shopping’s Q4 earnings surged on strong department store sales, but ongoing grocery segment losses highlight the need for a turnaround in 2024.

[Retail Walk] Shinsegae's Earnings Driven by Department Stores—Subsidiary Losses Remain a Drag

Shinsegae Co., Ltd. posted strong Q4 earnings on robust department store sales, but continued losses at subsidiaries Shinsegae International and Shinsegae Casa remain a drag; analysts expect over 22% operating profit growth in 2026.

Lotte Shopping Q4 Operating Profit Jumps 54.7% to KRW 227.7 Billion, Driven by Department Stores and Overseas Business

Lotte Shopping Co. reported a 54.7% surge in Q4 operating profit to KRW 227.7 billion, driven by strong department store and overseas business, while raising its annual dividend payout ratio above 40%.

Shinsegae Forecast to Post 60% Surge in Q4 Operating Profit on Luxury Department Store Revamp

Shinsegae Co. is projected to post a 60% year-on-year jump in Q4 operating profit, driven by luxury department store renovations and an expanded high-end brand lineup, with analysts raising target prices amid improved earnings outlook.

'Department Store Strength' Lotte Shopping Raises Q4 Expectations, but Annual Guidance Remains Uncertain

Lotte Shopping Co. is expected to post strong Q4 results led by department stores, but ongoing grocery weakness and heavy investments may keep annual earnings below guidance.

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