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Seven & I Holdings Q1 Sales Rise Amid Profit Dip

Seven & I Holdings Q1 Sales Rise Amid Profit Dip

Seven & I Holdings Co (JP:3382) has released an update.

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Seven & I Holdings Co. reported a boost in group’s total sales to 4,288,588 million yen in the first quarter of 2024, up from 4,162,053 million yen in the same period last year, despite a drop in EBITDA and EPS. Net income attributable to owners of the parent decreased by 49.3%, and the company has forecasted a decline in operating income but an increase in net income for the fiscal year ending February 2025. Additionally, the company performed a 3-for-1 common share split on March 1, 2024, and has maintained a steady forecast for dividend payouts.

For further insights into JP:3382 stock, check out TipRanks’ Stock Analysis page.

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