Max Stock Ltd. (MAXO) Earnings Call Transcripts

Max Stock Ltd.'s Latest Earnings Call - Q1 FY2026

Max Stock Ltd. reported a strong Q1 2026, with revenue reaching ILS 400 million, a 9% increase year-over-year, driven by a 17% rise in comparable store sales. The company achieved a gross margin of 45.6%, the highest in its history for a first quarter, and a 57% increase in adjusted EBITDA. GAAP net income rose 57% to nearly ILS 50 million, with an adjusted EPS increase of 55%. Management maintained guidance for a 45% gross margin in upcoming quarters, reflecting confidence in continued operational efficiency.

Reported metrics

Guidance from management

Management maintained guidance for gross margins around 45% in the coming quarters, assuming stable macroeconomic conditions.

What management said

Good morning and good afternoon, everyone, and thank you for joining us today. I'm Talia Sessler, Chief Corporate Development and IR Officer. And with me is Paz Oz, our Chief Financial Officer. Paz will review our first quarter 2026 results, and I'll present the second part of the presentation. Before we start, there is a presentation accompanying today's remarks. As always, the slides are available on our IR site at...

What analysts pressed on

Analysts questioned the impact of geopolitical events and higher gas prices on consumer behavior. Management downplayed these concerns, citing strong consumer demand and macroeconomic stability in Israel.

Main topics on the call

• Revenue Growth — Revenue reached ILS 400 million, up 9% YoY, driven by a 17% increase in comparable store sales. Management highlighted the impact of the Passover holiday and a favorable product mix.
• Gross Margin Expansion — Gross margin expanded by 30 basis points to 45.6%, attributed to favorable currency dynamics, lower shipping costs, and improved supplier agreements.
• Adjusted EBITDA Growth — Adjusted EBITDA grew by 57%, with a margin increase of 470 basis points to 19%, driven by operational leverage and gross margin improvements.
• Net Income and EPS — GAAP net income increased by 57% to almost ILS 50 million, and adjusted EPS rose 55% to ILS 0.3, indicating strong profitability.

Read the full Max Stock Ltd. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 18 Max Stock Ltd. earnings call transcripts on record, spanning March 23, 2022 to August 11, 2026. Based on this history, Max Stock Ltd. reports quarterly. The most recent call on file is dated August 11, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MAXO

Exchange

TASE

Country

IL

Sector

Consumer Discretionary

Industry

Broadline Retail

Calls on record

18

First call

March 23, 2022

Most recent

August 11, 2026

Reporting cadence

quarterly