date:Jul 31, 2013
t in their latest fiscal years.
The retailers U.S. convenience store unit, 7-Eleven Inc., says it expects a record operating profit of $540 million this fiscal year, a 13 percent increase from last year. The parent Seven I, which also operates Ito-Yokado supermarkets in Japan and other retail businesses, is predicting operating earnings to rise 15 percent to 340 billion, a record for the third straight year.
Seven I shares have jumped 51 percent this year, while rival Wal-Mart has risen 14 p