Seven & i posts 122% jump in Q1 operating income, lifts FY26 outlook

Seven-Eleven Japan proprietor Seven & one Holdings has reported first-quarter (Q1) operating income of Y105bn ($649.06m), up 122.4% year-on-year (YoY) connected a like-for-like (LFL) basis.

The examination excludes the deconsolidation of York Holdings and Seven Bank.

Net income attributable to owners of the genitor climbed 95.3% to Y60.6bn for the 4th ended 31 May 2026, with net per stock (EPS) rising 118.4% to Y26.21.

Merchandise income crossed the convenience store radical grew 3.2% YoY to Y2.42tn.

Revenues from operations came to Y2.37tn portion net earlier interest, taxes, depreciation and amortisation (EBITDA) stood astatine Y233.2bn.

Seven-Eleven Japan posted same-store income maturation of 2%, which the institution linked to accrued lawsuit spending and stronger footfall.

Merchandise gross nett borderline roseate 0.3 percent points to 32%, and full store income climbed 2.4% to Y1.37tn.

The institution pointed to ongoing concern successful caller food, store upgrades and integer tools.

In the US, 7-Eleven (SEI) recorded same-store merchandise income maturation of 1.4%, with full store income up 1.2% to Y2.38tn.

Operating income for the US limb roseate to Y88bn, which the institution attributed to stronger substance margins amid crisp volatility successful vigor commodity markets during the period, successful enactment with broader manufacture patterns.

SEI continued to prosecute its North Star plan, covering merchandise, caller food, store web upgrades and lawsuit experience.

Seven & one has revised its full-year FY26 outlook, expanding its operating income forecast by Y20bn and its nett income forecast by Y8bn connected the backmost of the stronger first-quarter results.

The steadfast present anticipates double-digit maturation successful operating income for the afloat twelvemonth connected a LFL basis.

Updated forecasts enactment operating income astatine Y425bn, a 10.5% YoY emergence connected a LFL basis, with nett income astatine Y278bn, up 9.1%. Revenues from operations are forecast astatine Y10.43tn and EPS astatine Y120.89.

The institution said it plans to reinvest portion of the first-half gains into strategical maturation initiatives portion applying much blimpish assumptions for substance marketplace conditions successful the 2nd half.

Seven & one Holdings president and CEO Steve Dacus said: "Reflecting our beardown first-quarter performance, we person raised our full-year operating income and nett income forecasts. On the aforesaid basis, we present expect operating income to present double-digit maturation for the afloat fiscal year."

"Seven & one posts 122% leap successful Q1 operating income, lifts FY26 outlook" was primitively created and published by Retail Insight Network, a GlobalData owned brand.