7-Eleven's turnaround plan requires heavy lifting to stop Couche-Tard's $47 billion takeover
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 15 2024
0mins
Source: Reuters
Strategic Business Restructuring: Seven & i Holdings plans to enhance shareholder value by spinning off underperforming businesses and focusing on its core 7-Eleven stores, amidst pressure from a $47 billion takeover bid by Canadian company Alimentation Couche-Tard.
Challenges in Global Operations: The company faces difficulties in improving profit margins overseas and has cut its full-year profit forecast due to a challenging market environment, while also implementing cost-cutting measures and testing new store formats like mini-supermarkets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
