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Fox Group Reports 75.5% Net Profit Surge in Q2 Despite Retailors Weakness

How 2 Israeli newsrooms covered this story — translated into English and compared side by side.

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First reported by Globes · 5 hours ago

What happened

Fox Group posted a 75.5% rise in net profit to 123 million shekels in Q2 2026, driven by fashion and e-commerce despite Retailors’ sales decline. Revenues hit 1.8 billion shekels, with a 30% increase in operating profit. The company declared a 150 million shekel dividend and appointed Oren Brent as its first Chief Data Officer.

01Fox Group’s net profit jumped 75.5% to 123 million shekels in Q2 2026 despite Retailors’ weak sales.
02Revenues rose 12.8% to a record 1.8 billion shekels, with operating profit up 30% to 223 million shekels.
03Fashion, home fashion, and Terminal X e-commerce drove growth, offsetting Retailors’ 1.3% sales decline.
04Fox is restructuring Canadian operations, closing stores and cautiously expanding Nike amid global challenges.
05The company declared a 150 million shekel dividend amid election uncertainties.
06Oren Brent was appointed Fox’s first Chief Data Officer to lead AI and analytics efforts.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

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