The earnings call highlighted some positive strategic initiatives and growth in certain areas like the 7NOW delivery program and proprietary products. However, significant challenges remain, particularly in terms of declining profits, operating income, and consumer spending issues in the U.S. The sentiment is balanced with notable achievements and pressing challenges.
Company Guidance
During the earnings call for Q1 2025, Seven & i Holdings reported a decline in both operating income and net income, aligning with their planned projections. Revenue from operations reached JPY 2.7347 trillion, marking a 103.2% year-on-year increase, while operating income was JPY 59.3 billion, 72.4% year-on-year, and net income was JPY 21.3 billion, 50.7% year-on-year. The Japan and U.S. convenience store (CVS) businesses faced challenges due to changing consumer behavior and inflation, impacting customer counts and gross profit margins. Overseas CVS saw a reduction in performance, with a $178 million decrease in gross profit. The company is focusing on strategic initiatives, including the acquisition of Sunoco Stripes and the sale of Nissen Holdings, to strengthen its position as a top-class retail group centered on food. In North America, SEI aimed to improve same-store sales and merchandise gross profit margins, with delivery sales up 30% year-over-year, contributing 3.1% to merchandise sales. In Japan, efforts are being made to increase customer visits through product innovation and strategic pricing, with initiatives like the 7NOW delivery service showing promising growth.
Revenue Growth
Revenue from operations reached JPY 2.7347 trillion, marking a 103.2% increase year-on-year and achieving 100.5% of the plan.
Strategic Initiatives
Completed acquisition of Sunoco Stripes and sale of Nissen Holdings, progressing towards becoming a top-class retail group centered on food.
7NOW Delivery Program Growth
Delivery sales increased by 30% year-over-year, contributing 3.1% to overall SEI merchandise sales.
Proprietary Product Expansion
Launched 215 new private brand items aimed at a 51% average margin.
Superstore Business Performance
Tokyo metropolitan area superstore business and York-Benimaru achieved their budget targets.
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Seven & I Holdings Co (JP:3382) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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JP:3382 Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 10, 2024
¥2335.00
¥2325.00
-0.43%
Jul 11, 2024
¥1916.08
¥1921.52
+0.28%
Apr 10, 2024
¥2159.24
¥2124.57
-1.61%
Jan 11, 2024
¥1869.09
¥1916.53
+2.54%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Seven & I Holdings Co Ltd (JP:3382) report earnings?
Seven & I Holdings Co Ltd (JP:3382) is schdueled to report earning on Jan 09, 2025, TBA Not Confirmed.
What is Seven & I Holdings Co Ltd (JP:3382) earnings time?
Seven & I Holdings Co Ltd (JP:3382) earnings time is at Jan 09, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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