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7-Eleven operator bullish on earnings

PHILIPPINE Seven Corp., the operator of 7-Eleven stores in the country, expects stronger earnings in 2023 amid robust sales and signs the economy has recovered from the impact of the Covid-19 pandemic.

In a media briefing on Thursday, Philippine Seven President and Chief Executive Officer Jose Victor Paterno expressed confidence the company would be able to sustain its strong first-quarter performance for the rest of the year.