Welcome to our dedicated page for Max Stock news (Ticker: MAXFF), a resource for investors and traders seeking the latest updates and insights on Max Stock stock.
Max Stock Limited (MAXFF), whose shares are listed on the Tel Aviv Stock Exchange under the symbol MAXO, regularly publishes news and immediate reports that provide insight into its activities as an extreme value retailer. The company describes itself as Israel's leading extreme value retailer, with dozens of locations throughout Israel and, in some disclosures, two locations in Portugal.
News items for Max Stock often focus on financial results, including quarterly and half-year updates that discuss revenue, comparable store sales, gross margin, net income, adjusted net income, adjusted EPS, and adjusted EBITDA. These releases explain the factors behind performance, such as store expansion, changes in store traffic, demand for seasonal items, trade efficiency, and the impact of its logistics and supply chain.
Another important category of news involves interested party and controlling shareholder holdings. Max Stock issues immediate reports detailing changes in share ownership by controlling shareholders, institutional investors, and other interested parties, including off-exchange transactions and updated percentages of equity and voting rights. The company also reports on holdings of senior officers and the exercise of employee options.
Additional disclosures cover corporate governance and general meetings, such as the reappointment of auditors and directors, as well as interested party transactions like related-party employment arrangements that are reviewed under Israeli regulations. Together, these items create a detailed picture of how Max Stock operates, finances its growth, and manages ownership and governance. Investors and observers can use this news stream to follow developments in the company’s store network, financial performance, and shareholder structure over time.
Max Stock (TASE: MAXO) announces participation in two prominent consumer conferences. On June 10, 2024, Chief Corporate Development and IR Officer Talia Sessler will present virtually at the Oppenheimer 24th Annual Consumer Growth and E-Commerce Conference at 9:00 a.m. ET. The presentation will be streamed online and accessible on the company's website.
On June 17, 2024, Max Stock's founder and CEO Ori Max, Deputy CEO and Head of Finance Nir Dagan, and Talia Sessler will attend the Jefferies Global Consumer Conference. They will host one-on-one and small group investor meetings throughout the day. Max Stock is a leading extreme value retailer in Israel, with 64 locations in Israel and 2 in Portugal.
Max Stock has announced an Annual General Meeting (AGM) scheduled for June 26, 2024, at 10:00 AM in Tel Aviv. The meeting will cover discussions on the company’s 2022 and 2023 board reports and financial statements, which are informational and not subject to voting. Key agenda items include the reappointment of Ernst & Young Israel as auditors and authorization for the board to set their fees. Additionally, the reappointment of non-external directors for another term will be voted on, with each director's reappointment being considered individually. Max Stock, a leading retailer in Israel, operates 64 locations in Israel and 2 in Portugal.
