Shoe Stocks Surge in June Ahead of 3-Nation World Cup
Ahead of the first-ever joint World Cup hosted by the US, Canada, and Mexico, with the number of teams expanded from 32 to 48, shoemaking stocks have surged. Feng Tay is up 33% since June, and Lai Yih Footwear has soared 70%.
📋 Article Processing Timeline
- 📰 Published: June 10, 2026 at 14:23
- 🔍 Collected: June 10, 2026 at 14:33 (10 min after Published)
- 🤖 AI Analyzed: June 10, 2026 at 14:34 (1 min after Collected)
(Central News Agency, reporter Pan Zhiyi, Taipei, June 10) The first-ever joint World Cup soccer tournament hosted by the United States, Canada, and Mexico is approaching, with the number of participating teams expanded from 32 to 48. This positive catalyst has driven up shoemaking stocks. Feng Tay hit a high of NT$93.5 during today's trading session, surging over 8%, and has gained 33% since the beginning of June. Lai Yih Footwear (Lai Yih-KY) reached a high of NT$285.5, up over 4%, with a gain of 70% since June.
In addition to Feng Tay and Lai Yih-KY, major shoemaker Pou Chen hit a high of NT$26.9 during today's session, up 1.5%, and has risen 5.69% since June. Professional soccer shoe maker Zhiqiang-KY (Zhiqiang International) fell over 2% during the session but is still up about 11% since June.
Zhiqiang-KY reported consolidated revenue of NT$5.357 billion for the first quarter, a decrease of 10.8% year-on-year but an increase of 8.2% from the previous quarter, with earnings per share (EPS) of NT$1.2. Lai Yih-KY reported net profit attributable to parent company owners of NT$188 million for the first quarter, with EPS of NT$0.75; its EPS for April was NT$1.44, a decrease of 27% year-on-year.
Pou Chen reported net profit attributable to parent company owners of NT$2.23 billion for the first quarter, with EPS of NT$0.76. Feng Tay reported net profit attributable to parent company owners of NT$1.209 billion for the first five months of this year, with EPS of NT$1.22. (Editor: Lin Jiaxian) 1150610
In addition to Feng Tay and Lai Yih-KY, major shoemaker Pou Chen hit a high of NT$26.9 during today's session, up 1.5%, and has risen 5.69% since June. Professional soccer shoe maker Zhiqiang-KY (Zhiqiang International) fell over 2% during the session but is still up about 11% since June.
Zhiqiang-KY reported consolidated revenue of NT$5.357 billion for the first quarter, a decrease of 10.8% year-on-year but an increase of 8.2% from the previous quarter, with earnings per share (EPS) of NT$1.2. Lai Yih-KY reported net profit attributable to parent company owners of NT$188 million for the first quarter, with EPS of NT$0.75; its EPS for April was NT$1.44, a decrease of 27% year-on-year.
Pou Chen reported net profit attributable to parent company owners of NT$2.23 billion for the first quarter, with EPS of NT$0.76. Feng Tay reported net profit attributable to parent company owners of NT$1.209 billion for the first five months of this year, with EPS of NT$1.22. (Editor: Lin Jiaxian) 1150610
FAQ
What is the core of this news?
Taiwanese shoemaking stocks surged on expectations of an expanded 2026 North American World Cup.
Which company's stock rose the most?
Lai Yih Footwear (Lai Yih-KY) rose the most, up 70% since June.
Which companies are mentioned in the article?
Feng Tay, Lai Yih-KY, Pou Chen, and Zhiqiang-KY.