Company Earnings Update 3 minutesRegister for Free AccessSeven & i Holdings (TSE: 3382) 1Q20 Results: Operating Income Grows in Both Domestic and Overseas Convenience Stores Coresight Research July 5, 2019 Executive Summary In 1Q20, ended May 31, 2019, Seven & i reported a 1.3% year-over-year decline in net sales. However, the company’s EPS increased 21.5% in the first quarter. The company’s overseas convenience store business witnessed a strong performance, with operating income increasing 26.6% year over year. Domestic convenience store operations recorded operating income growth of 8.0%. Superstore Ito-Yokado saw operating income decline 84.4% year over year. Department-store chain Sogo & Seibu posted an operating loss of ¥371 million versus an operating profit of ¥290 million in 1Q19. Seven & i reiterated its total revenues and operating income guidance for FY20. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: February 2025 US Retail Sales: First Year-Over-Year Drop Since the Pandemic—Electronics and Department Stores Lead DeclinesInnovator Profile: Veesual—Enhancing the Online Apparel Shopping Journey with Image GenerationInside India’s Flourishing Men’s Skincare Market—Masstige Growth, Celebrity Influence and Tech InnovationResponses to Inflation—Trading Down in Food and Nonfood Remains a Critical Shopping Strategy: US Consumer Survey Insights
