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7-Eleven Owner Reports Profit Drop, Keeps Guidance
Seven & i reported a drop in quarterly net profit but promised to complete restructuring and seek further growth globally.
Japan's Seven & i Holdings reports 24% y/y drop in third-quarter profit
Japan's Seven & i Holdings, operator of the 7-Eleven convenience store chain, reported on Thursday a drop of 24% in quarterly operating profit, missing analysts' estimates. Profit fell to 128 billion yen ($809.
Seven & i Holdings sees sharp drop in profit amid M&A intrigue
Seven & i Holdings (OTCPK:SVNDY) trader lower in Tokyo and Tuesday after reporting a significant decline in profits. Operating profit was down 24% year-over-year to ¥128.4 billion ($812 million) during the three-month period that ended on November 30.
7-Eleven Owner Reports Profit Drop, Keeps Guidance Unchanged
The 7-Eleven owner said Thursday that net profit fell 65% from a year earlier to 63.63 billion yen, equivalent to $401.3 million, for the nine months ended Nov. 30. Operating prof
11h
7-Eleven owner’s sharp profit fall adds to takeover pressure
Seven & i Holdings reported a sharp drop in profits in its latest quarter, missing analyst estimates and piling more pressure ...
3d
Ski mask-wearing driver caught with homemade explosives at 7-Eleven on New Year's Day: police
Jordan Alexander Sweetman, 19, of Arlington, Virginia, faces multiple charges after authorities said they caught him with ...
7h
7-Eleven owner's CFO says buyout proposals lack detail
A special committee of Seven & i Holdings Co. ’s board is still considering takeover proposals by Alimentation Couche-Tard Inc. and the founding Ito family, although it doesn’t have enough information ...
3d
US 7-Eleven IPO will invite more unwanted suitors
Southland Corporation, the Dallas-based operator of 7-Eleven then facing rumours of a Canadian takeover attempt, announced ...
FOX 13 Tampa Bay on MSN
23h
Card skimming devices found at two 7-Eleven ATMs in Tampa: TPD
The Tampa Police Department is asking people to review their recent bank activity after a card skimming device was found on ...
2d
on MSN
Wheaton man charged with stealing lottery scratch-off tickets from 7-Eleven store
Yonas Beyene, 37, of Wheaton is charged with felony counts of continuing financial crime enterprise, burglary and retail ...
Convenience Store News
1d
7-Eleven Kicks Off Daily Contest for Loyalty Members
Irving-based 7-Eleven operates, franchises and/or licenses more than 13,000 stores in the United States and Canada. In ...
23h
on MSN
Japan flags foreign takeover of 7-Eleven owner as a security issue
A potential foreign acquisition of Japanese retail giant Seven & i would be "heavily related" to national security, Japan's ...
3d
Man held without bail in connection with fatal shooting outside 7-Eleven in Charlestown
When police arrived at around 10:30 p.m. on Saturday, they found Joseph Donahue, 46, of Charlestown, lying in the parking lot ...
3d
on MSN
Charlestown man arrested in fatal shooting at 7-Eleven parking lot
Police are investigating a fatal shooting that happened in the parking lot of a Charlestown 7-Eleven on Dec. 4.
1d
7-Eleven names Conagra alum as chief information security officer
Jim Kastle is working under John Phee, whose team leads the convenience retailer’s IT strategy and governance.
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