Company expects new logistics center to become operational in Q4 2026
Company sees new logistics center supporting growth and reducing operating costs
Q2 results
Israel kosher food distributor's Q2 sales were flat yr/yr, gross profit rose 21%
Operating profit for Q2 rose 23% yr/yr, net profit fell 34% on lower financial gains
Company expects new refrigerated logistics center to be operational in Q4 2026
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
ILS 160.50 mln
Q2 Net Income
ILS 21.10 mln
Q2 Basic EPS
ILS 1.50
Q2 Gross Profit
ILS 53.50 mln
Q2 Operating Profit
ILS 25.30 mln
Result drivers
Improved purchase prices - Co said gross profit rose due to better purchase prices, helped by strengthening of the NIS against the U.S. dollar and euro
Product mix - Co attributed higher profitability to a focus on selling a more profitable product portfolio
WILC•
