All data are based on the daily closing price as of December 24, 2024

FamilyMart Taiwan Sales Near NT$100 Billion Mark After November Gain

Winter food offerings and baseball championship drive convenience store's revenue growth
Taiwan
t 5903.TWO Mid and Small Cap 2000 Consumer 250
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FamilyMart Taiwan moves closer to reaching its first NT$100 billion ($3.2 billion) annual sales target after reporting strong November results. The convenience store chain posted revenue of NT$8.77 billion in November, up 5.45% from a year earlier.

The company’s cumulative sales for the first 11 months reached NT$96.3 billion, representing a 5.76% increase year-over-year. Both figures set new records for the corresponding periods.

The retailer attributed the growth to its expanding store network and successful winter product lineup, particularly its warm food offerings. The World Baseball Classic tournament boosted foot traffic and food sales, while both online and offline channels performed well during the November 11 shopping festival.

FamilyMart’s UNO pasta series, which has gained popularity on social media, saw about 10% sales growth after introducing new soup-based varieties. The company also launched seasonal cheese-themed bakery items and beverages, including a new almond milk tea under its “Shake Tea Bar” brand.

Looking ahead to December, FamilyMart expects further growth from winter solstice celebrations, Christmas, and New Year festivities. The company plans to focus on warm food items, hot drinks, and traditional holiday gift boxes.

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