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2,9260-store 7-Eleven PH (SEVN) no match to Covid-19 pandemic, pandemic wounded SEVN bleeds red during the 9-month period of 2020

As of September 30, 2020, Philippine Seven Corporation (SEVN) has 2,960 7-Eleven convenience stores.  SEVN’s store count is 8% higher than the same period in 2019. At the end of the third quarter, there are 2,249 7-Eleven stores in Luzon, 1,018 of which are in Metro Manila, 427 in Visayas and 284 in Mindanao. FranchiseesContinue reading “2,9260-store 7-Eleven PH (SEVN) no match to Covid-19 pandemic, pandemic wounded SEVN bleeds red during the 9-month period of 2020”

7-Eleven PH (SEVN) burning cash is not the all-weather profit machine it is thought to be

Philippine Seven Corporation (SEVN) the operator of 7-Eleven convenience stores in the country is the largest convenience store network in the country.  SEVN has 2,930 7-Eleven convenience stores as of June 30, 2020 that is 10% higher than the same period in 2019. SEVN’s attributes convey appearance of invincibility At the end of 1H20, thereContinue reading “7-Eleven PH (SEVN) burning cash is not the all-weather profit machine it is thought to be”

SEVN with 2,930 stores beaten by MM with 9 in a PE race

Philippine Seven Corporation (SEVN) is the owner of the license to establish and operate 7-Eleven convenience stores in the country.  It is a subsidiary of the President Chain Store Corporation of Taiwan which owns the license to establish and operate 7-Eleven convenience stores in Taiwan. As of June 30, 2020 (1H20), SEVN reported to haveContinue reading “SEVN with 2,930 stores beaten by MM with 9 in a PE race”