Korea Seven, operating profit in the third quarter was 3.6 billion won... Achieved surplus for 2 consecutive quarters

Sales decreased 1.6% to KRW 1.2517 trillion... “Targeting the year-end season with characters and wine at the forefront”

(Seoul = Yonhap News) Reporter Jeong Soo-yeon = Korea Seven, the operator of convenience store 7-Eleven, announced on the 12th that consolidated sales in the third quarter of this year amounted to KRW 1.2517 trillion, a 1.6% decrease from the same period last year.

Operating profit was 3.6 billion won, turning from an operating loss of 1.6 billion won in the same period last year to a surplus. This is the second consecutive quarter of surplus following the last two quarters.

Korea Seven said that although sales decreased slightly, profitability improved due to management efficiency efforts.

Korea Seven launched unique and differentiated products to target the peak season in the third quarter.

These include the original Japanese smoothie, Ohayo Brûlée Milk, 'Seong Si-kyung Bibimbap', 'Yun Nam-no Bokdamju', Breath Tong Bread, and Sanrio Characters Goods.

Quick commerce services have also been expanded. Quick commerce sales in the third quarter increased 201% compared to the same period last year.

Korea Seven has set a goal of achieving a surplus every quarter by strengthening product and field competitiveness.

We plan to respond to the year-end season by improving the store environment to increase customer inflow and increase character IP and wine sales.

A Korea Seven official said, "We have recorded a surplus for two consecutive quarters with a clear performance improvement," and added, "We will secure the sustainability of our business and increase our brand competitiveness."