Japan's Seven & i says it is considering sale of superstore operations [Reuters]
SEVEN & I HLDGS UNSP/ADR (SVNDY)
NASDAQ:AMEX Investor Relations:
en.wikipedia.org/wiki/seven_(1995_film)
Company Research
Source: Reuters
, opens new tab said on Wednesday it was considering a listing of its superstore business, which is mainly comprised of supermarkets, as part of a plan to maximise corporate value. Under pressure from activist investors, Seven & i has been selling off underperforming retail assets and doubling down on its global convenience store business centred around its flagship 7-Eleven brand. The company said in a statement it is considering an initial public offering for its superstore segment, which includes its Ito-Yokado stores, "as soon as reasonably practical", while its global convenience store business is likely to become its main pillar of growth. Seven & i said its board is considering a plan to retain a stake in the superstore segment once it is separated in 2026. Since last year, the company has announced the closure of dozens of Ito-Yokado supermarkets, exited its apparel business, and completed the sale of its Sogo & Seibu department store unit. It has also agreed to spe
Show less
Read more
Impact Snapshot
Event Time:
SVNDY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SVNDY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SVNDY alerts
High impacting SEVEN & I HLDGS UNSP/ADR news events
Weekly update
A roundup of the hottest topics
SVNDY
News
- ValueAct's reputation gamble in Japan pays off [Reuters]Reuters
- Japan's 7-Eleven convenience chain targets aggressive global growth [Reuters]Reuters
- Japan's 7-Eleven convenience chain targets aggressive global growth [Yahoo! Finance]Yahoo! Finance
- ValueAct Announces Support for the Substantial Changes in Strategy and Board Leadership Announced by Seven & i [Yahoo! Finance]Yahoo! Finance
- Japan's Seven & i says it is considering sale of superstore operations [Yahoo! Finance]Yahoo! Finance