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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Sheng Siong Group
Sheng Siong Group (OV8) investor relations material
Sheng Siong Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary29 Oct, 2026
Executive summary
3Q FY2026 revenue rose 6.2% YoY to S$441.5m and profit increased 1.8% to S$44.6m; 9M revenue grew 9.9% to S$1,296.8m and profit rose 8.1% to S$125.5m.
Growth reflected new store openings, while gross margin expanded YoY in both 3Q and 9M.
Financial highlights
3Q gross profit was S$142.3m (+8.6%), operating profit S$53.4m (+3.4%) and profit before tax S$53.5m (+2.4%).
9M gross profit rose 13.1% to S$414.7m and operating profit increased 11.0% to S$151.4m.
3Q basic and diluted EPS was 2.96 Singapore cents (+1.7%); 9M EPS was 8.34 cents (+8.0%).
3Q administrative expenses rose 12.1% to S$18.0m and selling and distribution expenses increased 11.4% to S$77.2m.
9M cash generated from operations fell to S$120.8m from S$175.4m, mainly due to earlier vendor settlements.
Outlook and guidance
Value-conscious consumers, elevated living costs and CDC vouchers are expected to support demand for affordable groceries and house-brand products.
Expansion will prioritize underrepresented areas; four public tenders await results, private lease opportunities are being explored, and the Serangoon North lease renewal is under discussion with JTC.
Focus remains on supply-chain strength, sales-mix optimisation, resilience and productivity through automation, technology and operational improvements.
China growth will focus on improving existing stores and supermarket operations in Kunming, with prudent new-store openings amid keen competition.
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Latest events from Sheng Siong Group
- Sales and gross margin grew as store expansion continued amid cost and supply-chain pressures.OV8
H2 2023 - Revenue and profit rose over 12% year-over-year, with margin gains and ongoing expansion.OV8Q1 2026
- FY2025 revenue rose 9.9% and net profit 8.5%, with stable margins and continued store expansion.OV8H2 2025
- Net profit up 12% and revenue up 14.4% year-over-year, driven by store expansion and sales growth.OV8Q3 2025
- Revenue up 7.1% and net profit up 3.4% in 1H FY2025, with margin gains and ongoing expansion.OV8H1 2025
- Net profit up 12.4% year-over-year, with revenue and margins boosted by new stores and sales mix.OV8Q3 2024
- Net profit up 6.8% to S$70.0 million on higher revenue, margin gains, and new store expansion.OV8H1 2024
- Revenue and net profit rose on new stores and festive sales, with margin gains despite sector risks.OV8Q1 2025
- Net profit up 2.6% and revenue up 4.5% in FY2024, with strong expansion and higher dividends.OV8H2 2024
Next Sheng Siong Group earnings date
Q4 202626 Feb, 2027
Sheng Siong Group
Next Sheng Siong Group earnings date
Q4 202626 Feb, 2027
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Frequently asked questions
Sheng Siong Group Ltd is a Singapore-based supermarket chain that operates a network of grocery stores offering a wide range of fresh produce, packaged foods, household products, and daily essentials. The company serves customers through physical retail outlets and online platforms, emphasizing value-for-money offerings. The company is headquartered in Singapore, and its shares are listed on the Singapore Exchange (SGX).