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Seven & i Holdings Co., Ltd. (SVNDY) Analyst/Investor Day Transcript

7-Eleven, a leader in the convenience store sector, with some 12,000 U.S. stores — over twice as many as number two Circle K— just announced it will close 645 stores in North America as it cuts costs and improves margins ahead of a potential IPO next year, after Japanese owner Seven & i Holdings delayed it by a year.

Seven & i Holdings expects net profit to fall 7.8% this fiscal year and said it would delay the planned listing of its North American convenience-store business.

Seven & i Holdings said on Thursday it has pushed back the timing ​of the listing of its North ‌American operations to the financial year starting April 2027 or later, rather than in the second ​half of 2026.

From bill payments to e-commerce logistics, Taiwan's corner stores have evolved into service hubs.