7-Eleven Inc.’s operating income increased to about $556 million in the first quarter of 2026.
This was supported by higher fuel margins driven by significant volatility in energy commodity markets during the quarter, consistent with industry trends, 7-Eleven’s parent company Seven & i Holdings reported Thursday in its financial results for the quarter ending on May 31. That’s compared with about $445 million in operating income in the first quarter of 2025.
Tokyo-based Seven & i raised its full-year operating income and net income forecasts, by about $126 million and $51 million, respectively, following the strong first-quarter performance, the company said. The updated full-year guidance calls for about $65.9 billion in revenue and about $1.76 billion in net profit.
“In North America, we're accelerating the North Star plan by strengthening our merchandise offering, modernizing and optimizing our store network, and enhancing customer experience to better meet our customers’ needs and strengthen our business for the long haul. We're focused on executing our strategy, investing in the opportunities that create the greatest value for our customers and building the capabilities that will support our long-term growth,” CEO Steve Dacus said in a statement.
- 7-Eleven is No. 1 on CSP’s 2026 Top 202 ranking of U.S. c-store chains by store count.
U.S. same-store merchandise sales were up 1.4% for the quarter, while total store sales increased by 1.2%, Seven & i said.
For its 7-Eleven business, Seven & i said it was planning to open 205 new stores in fiscal 2026. It opened 30 new stores in the first quarter. It also closed 142 stores in the quarter, and plans to close 645 in fiscal 2026, as was announced in its last earnings report.
Other first-quarter 2026 progress updates for 7-Eleven include:
- There were restaurant openings in 20 stores.
- Sixty new private-brand items were launched.
- 7-Eleven’s delivery platform 7Now had $274 million in sales.
Seven & i Holdings in April said the company’s possible initial public offering (IPO) of its North American convenience-store and gas station business has been delayed, with the earliest possible timing shifted to fiscal year 2027.
7-Eleven—known for its Slurpee, Big Bite and Big Gulp brands—operates, franchises or licenses more than 13,000 stores in the United States and Canada. In addition to 7-Eleven, the company operates and franchises Speedway and Stripes c-stores and the Laredo Taco Company and Raise the Roost Chicken and Biscuits restaurant brands.
Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.