Economy · Full coverage
Castro Group Doubles Net Profit in Q2 2026, Explores Cosmetics Sector Expansion
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
First reported by Calcalist · 5 hours ago
What happened
Castro-Hodis Group increased its Q2 2026 revenues by 15% to 580.5 million shekels and nearly doubled net profit to 44.6 million shekels. Despite challenges from security-related disruptions, the group expanded its store count and plans to grow its cosmetics segment while launching a new sports brand venture with Renuar in 2027.
- 01Castro-Hodis Group's Q2 2026 revenues rose 15% to 580.5 million shekels.
- 02Net profit nearly doubled to 44.6 million shekels in Q2 2026.
- 03Same-store sales fell due to security disruptions but would have grown 10.3% without them.
- 04Urbanica brand revenues grew significantly; Castro brand saw moderate revenue and profit growth.
- 05CEO Yair Ohayon remains hopeful about cosmetics but may close the segment if it underperforms.
- 06Group partners with Renuar to launch Chinese sports brand ANTA in Israel in 2027.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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