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Fox Group CEO Harel Weizel Highlights Growth Challenges Despite Strong Q2 Results

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Fox Group CEO Harel Weizel Highlights Growth Challenges Despite Strong Q2 Results
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מאת נבו שפיר

דווח לראשונה בGlobes · Aug 24, 2026

מה קרה

Fox Group CEO Harel Weizel reported strong Q2 financial results but acknowledged that key growth areas, Retailers and Jumbo Greece, are underperforming. The company is improving operations, especially in supply chain logistics, and cautiously managing dividends due to security concerns in Israel. Fox's e-commerce arm Terminal X is expanding through acquisitions, while the group maintains solid cash flow and investor confidence.

  • 01Fox Group posts Q2 revenues of 1.8 billion shekels and net profit of 123 million shekels.
  • 02CEO Weizel admits Retailers and Jumbo Greece growth engines are underperforming.
  • 03Core fashion and other segments grew strongly, offsetting weaker areas.
  • 04Supply chain improvements aim to cut costs by shipping directly from China to Israel.
  • 05Fox paid a cautious 150 million shekel dividend due to Israel's security uncertainties.
  • 06Terminal X e-commerce sales rose 20.5%, expanding via acquisitions in fashion and wellness.

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