Welcome to our dedicated page for Shufersal news (Ticker: SHUFF), a resource for investors and traders seeking the latest updates and insights on Shufersal stock.
Shufersal Ltd (SHUFF), Israel's largest retail network, maintains market leadership through innovative logistics and omnichannel strategies. This news hub provides investors and industry observers with essential updates on operational milestones, financial performance, and strategic initiatives shaping Israel's consumer landscape.
Access timely reports on earnings announcements, supply chain expansions, and digital platform enhancements. Our curated collection includes official press releases about store network growth, sustainability efforts, and technological investments that drive SHUFF's competitive edge in food retail.
Key updates cover partnerships with local suppliers, advancements in automated distribution systems, and customer experience improvements across 300+ locations. Monitor developments in Shufersal's e-commerce integration and responses to evolving consumer preferences in the Israeli market.
Bookmark this page for structured access to verified corporate communications. Combine regular check-ins with portfolio monitoring tools to track SHUFF's progress in maintaining its 25%+ market share within Israel's dynamic retail sector.
Shufersal reported 2022 revenues of approximately
Shufersal reports Q2 revenue of approximately NIS 3.7 billion, a 3.3% year-over-year increase. Operating profit is NIS 107 million (2.9% of revenue), down from NIS 183 million (5.1%). Net profit also declined to NIS 68 million (1.8%), compared to NIS 97 million (2.7%). The Be sector saw a revenue increase of 14.3% to NIS 255 million. Online sales represent 20.1% of total retail sales, slightly down from last year. Private label sales rose to 26.7% of total food retail sales.
Shufersal reported its Q1 2022 financial results, showing a revenue decline to NIS 3.4 billion, down from NIS 3.8 billion last year, reflecting a 7% decrease. Operating profit fell to NIS 102 million (2.9% of revenues) from NIS 198 million (5.3%). Net profit was NIS 27 million (0.8% of revenues), down from NIS 114 million (3.0%). Despite challenges, the Be network reported a 25% revenue increase to NIS 269 million. The company's online sales constituted 21.8% of total retail sales, a slight decrease from last year.
Shufersal (TASE: SAE), Israel's leading retailer, reported its 2021 financial results, with total revenue at approximately NIS 14.8 billion, a 3.1% decline from 2020. The fourth quarter's revenue was NIS 3.6 billion, down 6.7% from the previous year. Despite a decrease in sales, gross profit rose to NIS 4.021 billion, representing 27.2% of total revenue. Net profit increased by 2% to NIS 393 million. Online sales reached NIS 2.8 billion, making up 20.5% of total food retail sales.
Shufersal (TASE: SAE), Israel's leading retailer, reported its financial results for Q2 and H1 2021. Q2 revenues decreased by approx. NIS 3.6 billion, down 2.8% YoY, while H1 revenues were approx. NIS 7.4 billion, a 0.9% decline from last year. However, gross profit rose to approx. NIS 1,004 million in Q2, representing a margin of 28%. Operating profit also increased by 11% to approx. NIS 183 million. Notably, net profit surged 21% in Q2 to NIS 97 million, and private label sales share rose to 26.1%.
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