Seven & i Holdings plans to close 200 unprofitable 7-Eleven stores while converting hundreds more to franchise locations and wholesale fuel sites.
Seven & i Holdings Co., Ltd. (SVNDY) Q1 2027 Earnings Call Prepared Remarks Transcript
Seven & i Holdings Co., Ltd. remains a "buy," driven by strong international growth and under-valuation relative to peers. SVNDY's 1Q FY2026 operating profit surged 61% YoY to ¥105 billion, beating consensus by 64%. The Overseas Convenience Store segment's operating profit soared from ¥9 billion in 1Q FY25 to ¥66 billion for 1Q FY26, far surpassing the initial ¥25 billion guidance.
Convenience store operator 7-Eleven on Thursday disclosed a $349 million profit from the surge in gasoline prices during the last quarter, even as fewer Americans filled their tanks.
Seven & i Holdings Co., Ltd. (SVNDY) Analyst/Investor Day Transcript
7-Eleven, a leader in the convenience store sector, with some 12,000 U.S. stores — over twice as many as number two Circle K— just announced it will close 645 stores in North America as it cuts costs and improves margins ahead of a potential IPO next year, after Japanese owner Seven & i Holdings delayed it by a year.
Seven & i Holdings said on Thursday it has pushed back the timing of the listing of its North American operations to the financial year starting April 2027 or later, rather than in the second half of 2026.
Seven & i Holdings raised its annual profit forecast after reporting a sharp jump in third-quarter net profit as it gears up for a listing of its North American business.
Japanese 7-Eleven owner Seven & i Holdings Co. could yet remain a takeover target if the convenience store group fails in its business turnaround after dramatically seeing off Alimentation Couche-Tard Inc.'s $45.8 billion approach.
Canada's Alimentation Couche-Tard scrapped negotiations with Japans's Seven & I. Transcript: CAROLINE WOODS: A massive global deal is off the table.
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7-Eleven owner Seven & i Holdings reported first-quarter operating profit that beat market expectations, driven by stronger performance in its overseas convenience store segment. The Japanese company posted operating profit of 65.1 billion yen for the April-June quarter, up 9.7% from a year earlier.