DFI Retail Group's Divestment of Singapore Food Business May Lower Earnings Drag

Dow Jones

Apr 02

0236 GMT - DFI Retail Group's recent divestment of its Singapore food business is poised to reduce long-term earnings drag, RHB Research's Alfie Yeo says in a research report. The Asian retailer's move is positive, given that the business has been facing challenges including competition, rising food costs, and inflation, the analyst says. Management can now focus on driving growth from the company's more profitable 7-Eleven convenience stores and its Guardian brand. RHB remains positive on DFI Retail Group's earnings recovery expectations and attractive valuation. It raises the stock's target price to US$3.03 from US$2.79 to partly reflect longer-term growth assumptions, with an unchanged buy rating. Shares are 1.7% higher at US$2.37. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 01, 2025 22:36 ET (02:36 GMT)

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The Asian retailer's move is positive, given that the business has been facing challenges including competition, rising food costs, and inflation, the analyst says. Management can now focus on driving growth from the company's more profitable 7-Eleven convenience stores and its Guardian brand. RHB remains positive on DFI Retail Group's earnings recovery expectations and attractive valuation. It raises the stock's target price to US$3.03 from US$2.79 to partly reflect longer-term growth assumptions, with an unchanged buy rating. Shares are 1.7% higher at US$2.37. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 01, 2025 22:36 ET (02:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DFI Retail Group's Divestment of Singapore Food Business May Lower Earnings Drag</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDFI Retail Group's Divestment of Singapore Food Business May Lower Earnings Drag\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-02 10:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0236 GMT - DFI Retail Group's recent divestment of its Singapore food business is poised to reduce long-term earnings drag, RHB Research's Alfie Yeo says in a research report. The Asian retailer's move is positive, given that the business has been facing challenges including competition, rising food costs, and inflation, the analyst says. Management can now focus on driving growth from the company's more profitable 7-Eleven convenience stores and its Guardian brand. RHB remains positive on DFI Retail Group's earnings recovery expectations and attractive valuation. It raises the stock's target price to US$3.03 from US$2.79 to partly reflect longer-term growth assumptions, with an unchanged buy rating. Shares are 1.7% higher at US$2.37. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 01, 2025 22:36 ET (02:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"D01.SI","symbol_name":"牛奶国际控股有限公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2524109916","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524109916","pubTimestamp":1743561360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0236 GMT - DFI Retail Group's recent divestment of its Singapore food business is poised to reduce long-term earnings drag, RHB Research's Alfie Yeo says in a research report. The Asian retailer's move is positive, given that the business has been facing challenges including competition, rising food costs, and inflation, the analyst says. Management can now focus on driving growth from the company's more profitable 7-Eleven convenience stores and its Guardian brand. RHB remains positive on DFI Retail Group's earnings recovery expectations and attractive valuation. It raises the stock's target price to US$3.03 from US$2.79 to partly reflect longer-term growth assumptions, with an unchanged buy rating. Shares are 1.7% higher at US$2.37. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"D01.SI":"牛奶国际控股有限公司"},"translate_title":"DFI零售集团剥离新加坡食品业务可能会降低盈利拖累","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"D01.SI":1},"content_text":"0236 GMT - DFI Retail Group's recent divestment of its Singapore food business is poised to reduce long-term earnings drag, RHB Research's Alfie Yeo says in a research report. The Asian retailer's move is positive, given that the business has been facing challenges including competition, rising food costs, and inflation, the analyst says. Management can now focus on driving growth from the company's more profitable 7-Eleven convenience stores and its Guardian brand. RHB remains positive on DFI Retail Group's earnings recovery expectations and attractive valuation. It raises the stock's target price to US$3.03 from US$2.79 to partly reflect longer-term growth assumptions, with an unchanged buy rating. Shares are 1.7% higher at US$2.37. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 01, 2025 22:36 ET (02:36 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}