During its IR Day on April 23, 2024, Seven & i Holdings detailed an assertive strategy aimed at expanding its global convenience store footprint and enhancing profitability through strategic acquisitions and digital initiatives. The company has set ambitious financial targets, projecting an EBITDA growth trajectory that spans across all operational regions with an expected significant increase by 2030.
A major highlight is the recent acquisition of Sunoco-Stripes in West Texas, designed to bolster Seven & i’s presence in the U.S. market. This complements its acquisition strategy in Australia, where it aims to consolidate and optimize the 7-Eleven network. This strategic expansion is supported by the company’s solid financial performance, indicating a resilient EBITDA forecast in the convenience store sector.
In addition to acquisitions, Seven & i is deploying advanced digital platforms, including the E Ink cloud service for digital advertising, aimed at enhancing customer engagement and optimizing operations. These innovations are part of a broader initiative to increase the company’s global store count to 100,000 in 30 countries by 2030, emphasizing a compound annual growth rate (CAGR) that highlights the company’s aggressive market penetration plans.
The governance enhancements, including the appointment of Stephen Hayes Dacus as the Lead Independent Outside Director, reinforce Seven & i’s commitment to strategic oversight and management effectiveness. This governance transformation aligns with the company’s long-term corporate and shareholder value maximization strategy.
With these strategic moves, Seven & i Holdings is poised to not only expand its global reach but also to significantly improve its financial metrics, setting a robust foundation for sustained growth in the competitive retail sector.
