7-Eleven saw its revenue from operations in North America drop by 18% during Q2 compared to the same period in 2024, parent company Seven & i Holdings revealed in its earnings report last month
Revenue dropped from about 2.4 trillion yen, or $15.8 billion, in Q2 2024 to roughly 1.9 trillion yen, or $13 billion, in the same period this year. 7-Eleven said in its earnings statement that “the North American economy showed signs of slowing down” during the quarter, notably through decreased spending from low-income, cost-conscious households.
The down quarter for revenue comes as 7-Eleven continues to close hundreds of underperforming stores across North America, especially the U.S. and focuses its attention on building bigger, food-focused locations.
Full story 7-Eleven sees revenue declines as store closures continue | C-Store Dive
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