Seven & i Holdings, the parent company of c-store giant 7-Eleven, on Thursday 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.
The Tokyo-based company initially said that it determined to pursue an IPO of SEI, its convenience store business in North America known as 7-Eleven, by the second half of 2026 on one of the major U.S. stock exchanges. “The board is confident that an IPO at this time is the best path to unlock significant value for group shareholders and position SEI for accelerated growth,” the company said on March 6, 2025.
Seven & i reported on Thursday in its financial results presentation for fiscal year 2025 that the IPO has now been pushed “at the earliest” to fiscal year 2027.
The company confirmed that, despite adjustments to the timing, its shareholder return policy remains unchanged.
Turning to financials, Seven & i reported that same-store sales at Irving, Texas-based 7-Eleven declined 0.4% during fiscal year 2025, with the company forecasting a same-store sales increase of 2% for fiscal year 2026. Seven & i ended its fiscal 2025 on Feb. 28
“In North America, although the economy remained robust, personal consumption also began to soften, particularly among low-income households, as inflation continued to weigh on spending,” the company reported.
- 7-Eleven is No. 1 on CSP’s 2025 Top 202 ranking of U.S. c-store chains by store count. Watch for the full 2026 Top 202 ranking in June.
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.
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