Quarterly ResultMay 26, 2026, 07:42 AM
Willi-Food Q1 Sales +8.3% to $49.6M; Net Profit +3.0%
AI Summary
Willi-Food reported strong first-quarter 2026 financial results, with sales increasing by 8.3% to $49.6 million and net profit rising 3.0% to $6.3 million. Gross profit also saw a significant increase of 9.7%. The company continues to focus on a profitable product mix and product availability, benefiting from NIS appreciation. However, the completion of its new refrigerated logistics center is delayed to Q4 2026 due to the ongoing war situation.
Key Highlights
- Sales increased by 8.3% to NIS 157.0 million ($49.6 million) in Q1 2026.
- Gross profit rose by 9.7% year-over-year to NIS 49.0 million ($15.5 million).
- Net profit increased by 3.0% year-over-year to NIS 20.1 million ($6.3 million).
- Basic earnings per share was NIS 1.44 ($0.5).
- Cash and cash equivalents stood at NIS 274.1 million ($86.6 million) as of March 31, 2026.
- New refrigerated logistics center completion delayed to Q4 2026 due to the war situation.
- Operating profit remained flat at NIS 20.0 million ($6.3 million).
Price Impact
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