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7 & i Holdings sees sharp drop in profit amid M&A intrigue

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.

Reuters on MSN · 1d

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.

Seeking Alpha on MSN · 19h

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.

The Wall Street Journal on MSN · 1d

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

US Investment Giant Eyes $9.5 Bn 7-Eleven Stake: Report

Eleven's parent rose more than seven percent on Friday after a report that US investment firm Apollo is eyeing a $9.5 billion stake in the owner of the world's biggest convenience store chain.

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 ...

2don 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 ...

malaymail3h

7-Eleven owner’s stock rockets after Apollo eyes US$9.5b stake

Eleven’s parent rose more than seven per cent on Friday after a report that US investment firm Apollo is eyeing a US$9.5 ...

Convenience Store News1d

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 ...

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 ...

Manchester 7-Eleven goes dark but is expected to return

Even the beer delivery guy wasn't expecting to find the 7-Eleven on Webster Street in Manchester boarded up Friday morning.

Japan To Consider 'Economic Security' In 7-Eleven Takeover

Japan will look at the "economic security" aspects of any foreign acquisition of 7-Eleven, a government minister said as Canada's Couche-Tard pursues a takeover of the world's largest convenience ...