Declared Dividend • Aug 07
First half dividend of US$0.47 announced Shareholders will receive a dividend of US$0.47. Ex-date: 18th August 2026 Payment date: 3rd September 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (21% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Aug 04
G. Willi-Food International Ltd. Declares Cash Dividend Distribution, Payable on September 3, 2026 G. Willi-Food International Ltd. announced that the Company's Board of Directors has declared a cash dividend distribution of approximately ILS 1.44 per ordinary share and an aggregate dividend of ILS 20 million (approximately USD 0.47 and USD 6.5 million respectively, based on the representative rate of exchange as of August 4, 2026). The dividend is payable to shareholders of record as of the close of business on August 18, 2026, and will be payable on September 3, 2026. For shareholders who will receive the dividend payment in US dollars, the amount of the dividend per share is not final and is subject to change due to the need to convert the amount from ILS to US dollars in accordance with the Bank of Israel's representative rate of exchange on August 18, 2026. The final dividend amount is also subject to change based on the number of ordinary shares outstanding on the record date. Reported Earnings • Aug 04
Second quarter 2026 earnings released: EPS: ₪2.96 (vs ₪3.70 in 2Q 2025) Second quarter 2026 results: EPS: ₪2.96 (down from ₪3.70 in 2Q 2025). Revenue: ₪317.4m (up 4.0% from 2Q 2025). Net income: ₪41.1m (down 20% from 2Q 2025). Profit margin: 13% (down from 17% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 34% per year. Buy Or Sell Opportunity • Jul 29
Now 28% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to US$26.40. The fair value is estimated to be US$36.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 40%. Board Change • Jul 05
Less than half of directors are independent Following Director Erez Wiener's arrival on 01 July 2026, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent External Director Michal Mund was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Jun 25
G Willi Food International Ltd Announces Appointment of Erez Wiener and Daniel Schutz as Directors, Effective July 1, 2026 G Willi Food International Ltd. announced the appointment of Mr. Erez Wiener and Mr. Daniel Schutz as directors of the Company effective as of July 1, 2026 and until the Company's next annual general meeting of shareholders. Mr. Erez Winner is currently the chief executive officer of Jack Dery Real Estate Development and Marketing Ltd. From February 2020 until November 2024, Mr. Winner served in various senior positions at the Company, including as chief executive officer. Before joining the Company, Mr. Winner served as CEO of Jerusalem Wineries. Mr. Winner currently serves as a director of Beyond Oil Ltd., a company listed on the TSX Venture Exchange in Canada, and as a director of Givot Olam Oil Exploration Limited Partnership, a company listed on the Tel Aviv Stock Exchange. In addition, Mr. Winner currently serves as Chairman of the HaBithonistim, a registered Israeli non-profit association. Mr. Winner previously served as Chairman of the Board of Directors of Midreshet Ben-Gurion, a government owned company. Mr. Winner holds a Bachelor's degree in Political Science and Middle Eastern Studies from the Hebrew University of Jerusalem and a Master's degree in Political Science from the University of Haifa. Mr. Daniel Schutz has served as the founder and chief executive officer of a residential real estate marketing company since 2025. From 2022 to 2025, he served as co-chief executive Officer of Ogen Property Management Solutions and from 2018 to 2022, he served as Marketing and Sales Manager at Mivney Gazit LTD. From 2012 to 2018, Mr. Schutz served as Real Estate Sales and Marketing Manager at Diplora Assets. Mr. Schutz received a B.A. in Government, Diplomacy and Strategy from Reichman University in 2017. Mr. Schutz is a son-in-law of Mr. Joseph Williger, the Company's CEO and one of the controlling shareholders of the Company. Reported Earnings • May 27
First quarter 2026 earnings released: EPS: ₪1.44 (vs ₪1.41 in 1Q 2025) First quarter 2026 results: EPS: ₪1.44 (up from ₪1.41 in 1Q 2025). Revenue: ₪156.9m (up 8.3% from 1Q 2025). Net income: ₪20.1m (up 3.0% from 1Q 2025). Profit margin: 13% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 42% per year. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$36.86, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 18x in the Consumer Retailing industry in the US. Total returns to shareholders of 198% over the past three years. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$28.70, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 19x in the Consumer Retailing industry in the US. Total returns to shareholders of 132% over the past three years. Upcoming Dividend • Apr 06
Upcoming dividend of US$0.51 per share Eligible shareholders must have bought the stock before 13 April 2026. Payment date: 29 April 2026. Payout ratio is a comfortable 21% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.4%). Higher than average of industry peers (0.9%). New Risk • Mar 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (145% cash payout ratio). Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$41m sold). Reported Earnings • Mar 25
Full year 2025 earnings released: EPS: ₪6.50 (vs ₪5.07 in FY 2024) Full year 2025 results: EPS: ₪6.50 (up from ₪5.07 in FY 2024). Revenue: ₪610.6m (up 6.0% from FY 2024). Net income: ₪90.4m (up 29% from FY 2024). Profit margin: 15% (up from 12% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. New Risk • Mar 24
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (266% cash payout ratio). Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$41m sold). Annuncio • Mar 24
G. Willi-Food International Announces Dividend Distribution, Payable on April 29, 2026 G. Willi-Food International Ltd. announced that the Company's Board of Directors declared a cash dividend distribution of approximately LIS 1.58 per ordinary share and an aggregate dividend of LIS 22 million (approximately USD 0.51 and USD 7.1 million respectively, based on the representative rate of exchange as of March 23, 2026). The dividend is payable to shareholders of record as of the close of business on April 13, 2026, and will be payable on April 29, 2026. Annuncio • Mar 23
G. Willi-Food International Ltd. to Report Fiscal Year 2025 Results on Mar 24, 2026 G. Willi-Food International Ltd. announced that they will report fiscal year 2025 results on Mar 24, 2026 Recent Insider Transactions • Jan 15
Chairman of the Board recently sold US$32m worth of stock On the 14th of January, Zwi Williger sold around 1m shares on-market at roughly US$29.72 per share. This transaction amounted to 75% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Zwi has been a net seller over the last 12 months, reducing personal holdings by US$28m. Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ₪1.38 (vs ₪1.50 in 3Q 2024) Third quarter 2025 results: EPS: ₪1.38 (down from ₪1.50 in 3Q 2024). Revenue: ₪152.8m (flat on 3Q 2024). Net income: ₪19.2m (down 7.6% from 3Q 2024). Profit margin: 13% (down from 14% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 29
G. Willi-Food International Ltd. to Report Q3, 2025 Results on Nov 16, 2025 G. Willi-Food International Ltd. announced that they will report Q3, 2025 results on Nov 16, 2025 Upcoming Dividend • Aug 18
Upcoming dividend of US$0.42 per share Eligible shareholders must have bought the stock before 25 August 2025. Payment date: 04 September 2025. Payout ratio is a comfortable 17% but the company is paying out more than the cash it is generating. Trailing yield: 4.4%. Lower than top quartile of American dividend payers (4.5%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: ₪2.30 (vs ₪0.49 in 2Q 2024) Second quarter 2025 results: EPS: ₪2.30 (up from ₪0.49 in 2Q 2024). Revenue: ₪160.5m (up 9.4% from 2Q 2024). Net income: ₪31.9m (up 366% from 2Q 2024). Profit margin: 20% (up from 4.7% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 12
G. Willi-Food International Ltd. Declares Cash Dividend Distribution, Payable on September 4, 2025 G. Willi-Food International Ltd. announced that the Company's Board of Directors has declared a cash dividend distribution of approximately ILS 1.44 per ordinary share and an aggregate dividend of ILS 20 million (approximately USD 0.42 and USD 5.8 million respectively, based on the representative rate of exchange as of August 12, 2025). The dividend is payable to shareholders of record as of the close of business on August 25, 2025, and will be payable on September 4, 2025. For shareholders who will receive the dividend payment in US dollars, the amount of the dividend per share is not final and is subject to change due to the need to convert the amount from NIS to US dollars in accordance with the Bank of Israel's representative rate of exchange on August 25, 2025. The final dividend amount is also subject to change based on the number of ordinary shares outstanding on the record date. Annuncio • Jul 30
G. Willi-Food International Ltd. to Report Q2, 2025 Results on Aug 12, 2025 G. Willi-Food International Ltd. announced that they will report Q2, 2025 results Pre-Market on Aug 12, 2025 Recent Insider Transactions • Jul 10
Chairman of the Board recently bought US$3.2m worth of stock On the 7th of July, Zwi Williger bought around 176k shares on-market at roughly US$18.35 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Zwi has been a buyer over the last 12 months, purchasing a net total of US$6.4m worth in shares. Annuncio • Jul 02
G. Willi-Food International Ltd., Annual General Meeting, Aug 07, 2025 G. Willi-Food International Ltd., Annual General Meeting, Aug 07, 2025. Location: 4 nahal harif street, northern industrial zone, 8122216, yavne Israel Reported Earnings • May 20
First quarter 2025 earnings released: EPS: ₪1.41 (vs ₪1.34 in 1Q 2024) First quarter 2025 results: EPS: ₪1.41 (up from ₪1.34 in 1Q 2024). Revenue: ₪144.8m (up 6.5% from 1Q 2024). Net income: ₪19.5m (up 5.1% from 1Q 2024). Profit margin: 14% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annuncio • May 07
G. Willi-Food International Ltd. to Report Q1, 2025 Results on May 18, 2025 G. Willi-Food International Ltd. announced that they will report Q1, 2025 results on May 18, 2025 Buy Or Sell Opportunity • May 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to US$15.01. The fair value is estimated to be US$19.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 16%. Buy Or Sell Opportunity • Apr 16
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.5% to US$14.85. The fair value is estimated to be US$19.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 16%. Buy Or Sell Opportunity • Mar 28
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.6% to US$15.21. The fair value is estimated to be US$19.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 16%. Declared Dividend • Mar 17
Dividend of US$2.16 announced Shareholders will receive a dividend of US$2.16. Ex-date: 24th March 2025 Payment date: 7th April 2025 Dividend yield will be 12%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (17% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 5.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Mar 12
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.7% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Mar 12
Full year 2024 earnings released: EPS: ₪5.07 (vs ₪2.28 in FY 2023) Full year 2024 results: EPS: ₪5.07 (up from ₪2.28 in FY 2023). Revenue: ₪575.8m (up 6.0% from FY 2023). Net income: ₪70.3m (up 122% from FY 2023). Profit margin: 12% (up from 5.8% in FY 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annuncio • Mar 11
G. Willi-Food International Ltd. Declares Cash Dividend Distribution, Payable on April 7, 2025 G. Willi-Food International Ltd. announced that the Company's Board of Directors has declared a cash dividend distribution of approximately ILS 2.16 per ordinary share and an aggregate dividend of ILS 30 million (approximately USD 0.6 and USD 8.27 million respectively, based on representative rate of exchange as of March 11, 2025). The dividend is payable to shareholders of record as of the close of business on March 24, 2025 and will be payable on April 7, 2025. Annuncio • Mar 01
G. Willi-Food International Ltd. Approves the Appointment of Dana Williger Schutz as Head of Marketing G. Willi-Food International Ltd. approved the terms of office of Mrs. Dana Williger Schutz, daughter of Mr. Joseph Williger, as the Company's head of marketing, commencing on the date of approval by the shareholders in the Meeting, at the Special General Meeting of Shareholders held on February 27, 2025. Annuncio • Feb 25
G. Willi-Food International Ltd. to Report Fiscal Year 2024 Results on Mar 11, 2025 G. Willi-Food International Ltd. announced that they will report fiscal year 2024 results on Mar 11, 2025 Reported Earnings • Nov 21
Third quarter 2024 earnings released: EPS: ₪1.50 (vs ₪0.35 in 3Q 2023) Third quarter 2024 results: EPS: ₪1.50 (up from ₪0.35 in 3Q 2023). Revenue: ₪152.8m (up 23% from 3Q 2023). Net income: ₪20.8m (up 323% from 3Q 2023). Profit margin: 14% (up from 4.0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to US$14.00, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 23x in the Consumer Retailing industry in the US. Total loss to shareholders of 26% over the past three years. Annuncio • Nov 15
G. Willi-Food International Ltd. Approves Board Elections G. Willi-Food International Ltd. at its AGM held on November 14, 2024 approved election of Ms. Ayelet Nir as an external director of the Company for a first term of three years commencing on the date of approval by the shareholders in the Meeting and Mr. Shlomo Gold as an independent director of the Company, to hold office subject to the Company's Articles of Association and the Israeli Companies Law. Annuncio • Nov 07
G. Willi-Food International Ltd. to Report Q3, 2024 Results on Nov 20, 2024 G. Willi-Food International Ltd. announced that they will report Q3, 2024 results on Nov 20, 2024 Annuncio • Oct 03
G. Willi-Food International Ltd., Annual General Meeting, Nov 14, 2024 G. Willi-Food International Ltd., Annual General Meeting, Nov 14, 2024. Location: 4 nahal harif street, northern industrial zone, 8122216, yavne Israel Recent Insider Transactions • Oct 01
Chairman of the Board recently bought US$1.4m worth of stock On the 29th of September, Zwi Williger bought around 125k shares on-market at roughly US$10.94 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$2.0m. Zwi has been a buyer over the last 12 months, purchasing a net total of US$3.6m worth in shares. Recent Insider Transactions • Sep 25
Chairman of the Board recently bought US$42m worth of stock On the 18th of September, Zwi Williger bought around 63k shares on-market at roughly US$667 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Zwi has been a buyer over the last 12 months, purchasing a net total of US$44m worth in shares. Recent Insider Transactions • Sep 11
Chairman of the Board recently bought US$1.2b worth of stock On the 8th of September, Zwi Williger bought around 2m shares on-market at roughly US$661 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Zwi has been a buyer over the last 12 months, purchasing a net total of US$1.2b worth in shares. Recent Insider Transactions • Sep 04
Chairman of the Board recently bought US$117k worth of stock On the 29th of August, Zwi Williger bought around 12k shares on-market at roughly US$10.15 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Zwi has been a buyer over the last 12 months, purchasing a net total of US$248k worth in shares. Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: ₪0.49 (vs ₪0.35 in 2Q 2023) Second quarter 2024 results: EPS: ₪0.49 (up from ₪0.35 in 2Q 2023). Revenue: ₪146.7m (up 14% from 2Q 2023). Net income: ₪6.85m (up 41% from 2Q 2023). Profit margin: 4.7% (up from 3.8% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Annuncio • Aug 08
G. Willi-Food International Ltd. to Report First Half, 2024 Results on Aug 13, 2024 G. Willi-Food International Ltd. announced that they will report first half, 2024 results on Aug 13, 2024 Reported Earnings • May 21
First quarter 2024 earnings released: EPS: ₪1.34 (vs ₪0.78 in 1Q 2023) First quarter 2024 results: EPS: ₪1.34 (up from ₪0.78 in 1Q 2023). Revenue: ₪136.0m (down 10% from 1Q 2023). Net income: ₪18.6m (up 71% from 1Q 2023). Profit margin: 14% (up from 7.2% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year and the company’s share price has also fallen by 26% per year. Annuncio • May 18
G. Willi-Food International Ltd. to Report Q1, 2024 Results on May 19, 2024 G. Willi-Food International Ltd. announced that they will report Q1, 2024 results at 9:30 AM, US Eastern Standard Time on May 19, 2024 Declared Dividend • Mar 25
Final dividend of US$0.20 announced Shareholders will receive a dividend of US$0.20. Ex-date: 2nd April 2024 Payment date: 17th April 2024 Dividend yield will be 3.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (115% earnings payout ratio) nor is it covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 21% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 27% to bring the payout ratio under control, which is more than the 3.9% EPS growth achieved over the last 5 years. Reported Earnings • Mar 21
Full year 2023 earnings released: EPS: ₪2.28 (vs ₪3.00 in FY 2022) Full year 2023 results: EPS: ₪2.28 (down from ₪3.00 in FY 2022). Revenue: ₪543.3m (up 9.0% from FY 2022). Net income: ₪31.7m (down 24% from FY 2022). Profit margin: 5.8% (down from 8.3% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 24% per year. Buy Or Sell Opportunity • Feb 07
Now 22% undervalued Over the last 90 days, the stock has risen 6.8% to US$10.02. The fair value is estimated to be US$12.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has declined by 24%. Recent Insider Transactions • Jan 17
Chairman of the Board recently bought US$131k worth of stock On the 10th of January, Zwi Williger bought around 13k shares on-market at roughly US$10.30 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Zwi has been a buyer over the last 12 months, purchasing a net total of US$1.8m worth in shares. Annuncio • Dec 23
G. Willi-Food International Ltd. (NasdaqCM:WILC) announces an Equity Buyback for $5 million worth of its shares. G. Willi-Food International Ltd. (NasdaqCM:WILC) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of its common shares. The repurchase program will be valid for 6 months. Reported Earnings • Dec 21
Third quarter 2023 earnings released: EPS: ₪0.35 (vs ₪0.55 in 3Q 2022) Third quarter 2023 results: EPS: ₪0.35 (down from ₪0.55 in 3Q 2022). Revenue: ₪123.9m (flat on 3Q 2022). Net income: ₪4.91m (down 36% from 3Q 2022). Profit margin: 4.0% (down from 6.2% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 24% per year and the company’s share price has also fallen by 24% per year. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$9.68, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 20x in the Consumer Retailing industry in the US. Total loss to shareholders of 41% over the past three years. Buying Opportunity • Oct 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be US$12.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has declined by 19%. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: ₪0.35 (vs ₪0.52 in 2Q 2022) Second quarter 2023 results: EPS: ₪0.35 (down from ₪0.52 in 2Q 2022). Revenue: ₪129.2m (up 4.9% from 2Q 2022). Net income: ₪4.87m (down 33% from 2Q 2022). Profit margin: 3.8% (down from 5.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 15% per year. Reported Earnings • Mar 27
Full year 2022 earnings released: EPS: ₪3.00 (vs ₪3.25 in FY 2021) Full year 2022 results: EPS: ₪3.00 (down from ₪3.25 in FY 2021). Revenue: ₪498.3m (up 9.7% from FY 2021). Net income: ₪41.6m (down 7.8% from FY 2021). Profit margin: 8.3% (down from 9.9% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annuncio • Feb 02
G. Willi-Food International Ltd., Annual General Meeting, Mar 14, 2023 G. Willi-Food International Ltd., Annual General Meeting, Mar 14, 2023, at 14:00 Coordinated Universal Time. Location: 4 Nahal Harif Street, Northern Industrial Zone Yavne Israel Agenda: To approve of a revised Compensation Policy for a period of three years, commencing on January 1, 2023; to discuss the appointment of Mr. Joseph Williger, Mr. Zwi Williger's brother, as the Company's CEO, for a period of three years, commencing on the date of approval by the shareholders in the Meeting, according to clause 121(c) to the Companies Law; and to discuss other matters. Annuncio • Jan 19
G. Willi-Food International Ltd. Announces Chief Executive Officer Changes G. Willi-Food International Ltd. announced that the company's board of directors has appointed Mr. Joseph Williger, one of the company's controlling shareholders and until now its Co-Chairman of the Board, as Chief Executive Officer to replace Mr. Erez Viner whose term of officer as CEO of the Company will end effective January 17, 2023. Mr. Viner will continue to provide his services to the company in the field of business development, logistic operation and leading the establishment of the company's new logistic center. Mr. Williger's appointment as CEO is subject To Approve the shareholders in accordance with the provisions of the Companies Law, 5799-1999. The Company intends to convene a shareholder meeting for this purpose in the near future. Annuncio • Jan 10
G. Willi-Food Announces Receipt of Nasdaq Non-Compliance Letter Regarding Convening of Annual Meeting G. Willi-Food International Ltd. announced that, on January 4, 2023, it received a letter from The Nasdaq Stock Market ("Nasdaq") notifying the Company that it is no longer in compliance with Nasdaq Listing Rules 5620(a) and 5620(c) because it did not hold an annual meeting of shareholders within twelve months of the end of the Company's fiscal year-ended December 21, 2021. The letter states that the Company has 45 calendar days, or until February 20, 2023, to submit a plan to regain compliance. If such plan is accepted by Nasdaq, it can grant the Company an exception of up to 180 calendar days from the fiscal year end, or until June 29, 2023, to regain compliance. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improved over the past week After last week's 21% share price gain to US$17.16, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 21x in the Consumer Retailing industry in the US. Total returns to shareholders of 60% over the past three years. Reported Earnings • Nov 26
Third quarter 2022 earnings released: EPS: ₪0.55 (vs ₪0.38 in 3Q 2021) Third quarter 2022 results: EPS: ₪0.55 (up from ₪0.38 in 3Q 2021). Revenue: ₪123.9m (up 17% from 3Q 2021). Net income: ₪7.62m (up 46% from 3Q 2021). Profit margin: 6.2% (up from 4.9% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annuncio • Nov 25
G. Willi-Food International Ltd. Declares Cash Dividend, Payable on December 14, 2022 G. Willi-Food International Ltd. announced that the company's board of directors has declared a cash dividend distribution of approximately ILS 1.08 per ordinary share and an aggregate dividend of ILS 15 million (approximately USD 0.32 and USD 4.386 million respectively, based on representative rate of exchange as of November 24, 2022). The dividend is payable to shareholders of record as of the close of business on December 6, 2022 and will be payable on December 14, 2022. Board Change • Nov 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent External Director Einav Brar was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$13.80, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 17x in the Consumer Retailing industry in the US. Total returns to shareholders of 40% over the past three years. Reported Earnings • Sep 03
Second quarter 2022 earnings released: EPS: ₪0.52 (vs ₪1.20 in 2Q 2021) Second quarter 2022 results: EPS: ₪0.52 (down from ₪1.20 in 2Q 2021). Revenue: ₪123.2m (up 7.7% from 2Q 2021). Net income: ₪7.22m (down 56% from 2Q 2021). Profit margin: 5.9% (down from 14% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Aug 31
G. Willi-Food International Ltd. Announces Cash Dividend, Payable September 21, 2022 G. Willi-Food International Ltd. announced that the Company's Board of Directors has declared a cash dividend distribution of approximately ILS 1.44 per ordinary share and an aggregate dividend of ILS 20 million (approximately USD 0.43 and USD 6,060,606, respectively, based on representative rate of exchange as of August 30, 2022). The dividend is payable to shareholders of record as of the close of business on September 13, 2022 and will be payable on September 21, 2022. Recent Insider Transactions • Aug 12
Co-Chairman of the Board recently bought US$160k worth of stock On the 10th of August, Joseph Williger bought around 10k shares on-market at roughly US$15.86 per share. This was the largest purchase by an insider in the last 3 months. This was Joseph's only on-market trade for the last 12 months. Recent Insider Transactions • Jun 24
Co-Chairman of the Board recently bought US$62k worth of stock On the 22nd of June, Zwi Williger bought around 5k shares on-market at roughly US$13.31 per share. This was the largest purchase by an insider in the last 3 months. Zwi has been a buyer over the last 12 months, purchasing a net total of US$1.6m worth in shares. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improved over the past week After last week's 18% share price gain to US$16.50, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 17x in the Consumer Retailing industry in the US. Total returns to shareholders of 81% over the past three years. Annuncio • May 19
G. Willi-Food International Ltd. Appoints Erez Winner as CEO, Effective May 17, 2022 G. Willi-Food International Ltd. announced that the company's board of directors appointed Mr. Erez Winner as CEO of the company, effective May 17, 2022. Since March 2021, Mr. Winner has served as Acting CEO of the Company and Willi-Food Investments Ltd. Reported Earnings • May 18
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: ₪0.98 (down from ₪1.48 in 1Q 2021). Revenue: ₪118.1m (up 1.2% from 1Q 2021). Net income: ₪13.6m (down 33% from 1Q 2021). Profit margin: 12% (down from 18% in 1Q 2021). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 25%. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent External Director Einav Brar was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 18
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: ₪3.25 (down from ₪3.89 in FY 2020). Revenue: ₪454.2m (flat on FY 2020). Net income: ₪45.1m (down 14% from FY 2020). Profit margin: 9.9% (down from 12% in FY 2020). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 25%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Dec 03
Third quarter 2021 earnings: EPS and revenues miss analyst expectations Third quarter 2021 results: EPS: ₪0.38 (down from ₪1.63 in 3Q 2020). Revenue: ₪106.3m (down 5.1% from 3Q 2020). Net income: ₪5.21m (down 76% from 3Q 2020). Profit margin: 4.9% (down from 20% in 3Q 2020). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 25%. Earnings per share (EPS) missed analyst estimates by 25%. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Sep 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent External Director Einav Brar was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 02
Upcoming dividend of US$1.34 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 30 September 2021. Trailing yield: 12%. Within top quartile of American dividend payers (3.5%). Higher than average of industry peers (1.5%). Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS ₪1.20 (vs ₪1.15 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: ₪114.3m (up 9.8% from 2Q 2020). Net income: ₪16.6m (up 9.0% from 2Q 2020). Profit margin: 14% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 14
First quarter 2021 earnings released: EPS ₪1.48 (vs ₪0.089 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ₪116.7m (down 9.6% from 1Q 2020). Net income: ₪20.5m (up ₪19.3m from 1Q 2020). Profit margin: 18% (up from 0.9% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 26
Full year 2020 earnings released: EPS ₪3.89 (vs ₪3.90 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: ₪454.1m (up 15% from FY 2019). Net income: ₪52.2m (up 1.4% from FY 2019). Profit margin: 12% (down from 13% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Mar 04
G. Willi-Food International Ltd. to Report Q4, 2020 Results on Mar 15, 2021 G. Willi-Food International Ltd. announced that they will report Q4, 2020 results on Mar 15, 2021