Tokyo-based Seven & i Holdings Co. Ltd. raised its full-year net income and earnings-per-share outlook as a possible initial public offering (IPO) of its North American convenience-store and gas station business approaches.
The parent of 7-Eleven Inc. said Thursday in its third-quarter fiscal 2025 report that it now expects higher profits than previously forecasted. Seven & i said net income is forecasted at $1.72 billion for the fiscal year ending Feb. 28, representing an increase of 56% compared to the previous year. The company reported it is also forecasting revenue to drop nearly 12% to $67.3 billion.
For third-quarter 2025, Seven & i reported net income was $1.26 billion. Overseas convenience store operations, including North America, generated $40.9 billion in revenue, up 92% from a year earlier.
“In the third quarter, average spending per customer increased year on year, supported by fresh-food-led value initiatives that helped offset the decline in customer traffic,” the company said.
As a result, Seven & i said existing store merchandise sales were higher than the previous year.
“Strategic initiatives such as fresh food enhancement are progressing steadily, alongside tighter cost discipline,” the company reported.
The company reported that its North American business aims to “further recover merchandise gross profit margin by putting restaurants and PB [private brands] initiatives back on track quickly.”
The company added that despite a decline in revenue from fuel business due to market conditions, 7-Eleven is working to maximize profit opportunities across the entire fuel value chain.
- 7-Eleven is No. 1 on CSP’s 2025 Top 202 ranking of U.S. c-store chains by store count.
7-Eleven closed out 2025 with longtime CEO Joe DePinto retiring after more than two decades at the helm.
Seven & i Holdings President and CEO Stephen Hayes Dacus in a New Year’s address to employees Monday described 2026 as a turning point for the company.
“Embracing change means anticipating what’s next, getting ahead of customers and creating new experiences,” he said. “This is how 7-Eleven became what it is today. And this is how we will define the next chapter of our history.”
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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