TASE:RMLIConsumer Retailing
Rami Levi (TASE:RMLI) Stock Faces Margin Squeeze Despite Steady Revenue
Rami Levi Chain Stores entered this earnings release with a conflicted story. The stock closed at ₪350.10 on 20 August, lagging over the past three months despite a discounted cash flow estimate of ₪427.85 and a P/E of 22x that prices in a premium grocery retailer. Q2 results sharpen that tension. Revenue reached ₪2,065.5m, but net income of ₪52.8m and a trailing net margin of 2.7% keep the spotlight on profit pressure. For investors, the headline is simple: valuation optimism is running...