Max Stock Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 30, 2023 at 12:35 am EST
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Max Stock Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was ILS 314.5 million compared to ILS 293.52 million a year ago. Net income was ILS 23.12 million compared to ILS 19.6 million a year ago. Basic earnings per share from continuing operations was ILS 0.17 compared to ILS 0.14 a year ago. Diluted earnings per share from continuing operations was ILS 0.17 compared to ILS 0.14 a year ago.
For the nine months, sales was ILS 846.89 million compared to ILS 797.11 million a year ago. Net income was ILS 60.64 million compared to ILS 44.9 million a year ago. Basic earnings per share from continuing operations was ILS 0.44 compared to ILS 0.32 a year ago. Diluted earnings per share from continuing operations was ILS 0.44 compared to ILS 0.32 a year ago.
Max Stock Ltd is an Israel-based company, primarily engaged in the commercial retail through operation of a nationwide chain of discount stores. The Company of Max Stock Ltd is currently present in 55 locations throughout Israel. Max Stock Ltd offers a broad assortment of quality products for customersâ everyday needs. The Company imports and sells various non food categories, including household equipment, toys and toddlers, disposable utensils and party, office and school supplies, and other products. The firm's stores are divided into two main types: large stores, under the brand Max, as well as small stores, under the brand Mini Max. The Company operates exclusively in the country of Israel.
MAX STOCK LTD. 
