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Stock impact report

Fueling Up: 7-Eleven's growth strategy clashes with a complicated reality [Yahoo! Finance]

SEVEN & I HLDGS UNSP/ADR (SVNDY) 
NASDAQ:AMEX Investor Relations: en.wikipedia.org/wiki/seven_(1995_film)
Company Research Source: Yahoo! Finance
Fueling Up is a column from C-Store Dive offering a fresh perspective on the top news and trends in the convenience store industry. Despite macroeconomic pressures weighing on the company's performance, Seven & i President and CEO Stephen Dacus struck an optimistic tone about 7-Eleven's trajectory in North America last week. Speaking during the company's fourth-quarter earnings presentation , Dacus said he expects 7-Eleven to deliver compound annual growth in merchandise sales per store of 3% to 5% through fiscal 2030. He also reiterated plans to expand the retailer's store base over that same period — an initiative he has emphasized since taking the helm last year. “I am confident we will deliver on these targets and stay on our growth trajectory,” he said. However, a series of developments over the past week complicates 7-Eleven's outlook and raises questions about its future. IPO delay, closures and continued turnover Seven & i said this week that it's pushing back the Show less Read more
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