North America Overtakes China Drives LG’s Strong Q2 2026 Growth

Noah Miller 08/04/2026

LG Household & Health Care Redefines Global Growth with North American Surge

The global beauty and health conglomerate, LG Household & Health Care, has delivered a stellar performance in the second quarter of 2026, signaling a successful pivot toward diversified international expansion. The results underscore that the company’s strategy of geographic diversification is paying massive dividends, driven primarily by explosive growth in North America.

Consolidated revenue climbed 3.3% year-on-year, reaching KRW 1.6574 trillion. More impressively, operating profit soared by 87.5%, hitting KRW 102.8 billion, demonstrating significant operational efficiency gains as the business expanded across new territories.

The engine behind this impressive growth is decidedly international. Overseas revenue jumped 12.6% to KRW 584.5 billion, accounting for 35% of total sales. This growth trajectory points to a successful shift in market focus, with North America emerging as the undeniable star.

The North American market experienced a phenomenal surge, with revenue climbing an impressive 47.3% to KRW 205.8 billion. This achievement was particularly noteworthy as it surpassed the revenue generated in China for the first time, demonstrating the successful establishment of a powerful new growth corridor.

Beyond geographic expansion, key business segments also demonstrated robust health. The Beauty division successfully returned to profitability, posting revenue growth of 3.9% to KRW 818.4 billion and achieving an operating profit of KRW 44.4 billion. This turnaround solidifies the company’s commitment to its core cosmetic offerings.

The Home Care & Daily Beauty division also performed strongly, recording a 5.5% revenue increase and a substantial 23.1% rise in operating profit. This growth was fueled by strong consumer demand for functional products, positioning these essential goods perfectly within the evolving market landscape.

While the Refreshment division remained profitable, operating profit saw a slight dip of 15.1%, primarily due to increased costs related to raw materials—a common challenge in today’s volatile economic climate.

With these strong results and successful diversification across continents, the board approved an interim dividend of KRW 1,500 per share, reflecting confidence in the company’s long-term global strategy. LG Household & Health Care is not just growing; it is successfully repositioning itself as a truly global powerhouse.