Record-Breaking 2025 Sales Propel Philippine Seven Corporation into a New Era Under President Richard Lee

Philippine Seven Corporation Achieves Record Sales in 2025, Enters a New Era Under President Richard Lee

MANILA, Philippines – Philippine Seven Corporation (PSC), the exclusive licensor of 7-Eleven in the Philippines, capped off 2025 with its strongest financial performance to date, highlighted by record-breaking system-wide sales, continued nationwide expansion, and significant investments in digital transformation. The company also marked an important leadership transition as Richard Lee assumed the role of President, ushering in a new chapter while maintaining the company’s long-term vision for sustainable growth.

Richard Lee, President and Jose Victor Paterno, Chairman of the Board of Philippine Seven Corporation

During its Annual Stockholders’ Meeting, PSC reported another year of impressive financial results despite a challenging consumer environment. The company credited its success to strong customer demand, an expanding store network, operational excellence, and continued investments in technology that further strengthened its position as the country’s largest and most trusted convenience store chain.

Record-Breaking Financial Performance in 2025

Philippine Seven Corporation continued its remarkable growth trajectory in 2025, achieving record system-wide sales of PHP 99.4 billion, representing a 6.4% increase from PHP 93.5 billion in 2024. The milestone reflects the company’s ability to consistently attract more customers while encouraging larger purchases per visit through an expanded product selection, enhanced in-store experience, and strategic store openings across the country.

Total revenues also climbed significantly, rising 7.2% to PHP 95.1 billion from PHP 88.7 billion the previous year. The sustained revenue growth underscores the resilience of the 7-Eleven business model and the continued demand for convenience retailing among Filipino consumers.

Despite inflationary pressures and a more competitive operating environment, PSC maintained strong profitability. Net income remained robust at PHP 3.6 billion, demonstrating the company’s disciplined cost management and operational efficiency, even as it continued to invest heavily in future growth initiatives.

The company’s financial position also strengthened during the year. Total assets expanded by 10.5% to PHP 47.8 billion, while stockholders’ equity grew by an impressive 23% to PHP 11.2 billion, reflecting the company’s healthy financial foundation and improved capital position.

PSC likewise recorded a Return on Equity (ROE) of 35.61%, its highest on record, up 41 basis points from the previous year. Meanwhile, its debt-to-equity ratio remained well managed at 3.28 times, giving the company ample financial flexibility to continue funding store expansion, infrastructure improvements, and digital innovation in the years ahead.

Richard Lee, President of Philippine Seven Corporation, emphasized that the company’s performance was the result of disciplined execution and long-term planning.

“We delivered another solid year in a demanding environment. Our priority was continuity, keeping the momentum going while strengthening the business for what comes next. We stayed disciplined in how we grow and kept investing in the capabilities that serve our customers and shareholders over the long term.”

Leadership Transition Signals a New Era for Philippine Seven Corporation

Beyond its strong financial results, 2025 represented an important milestone in PSC’s corporate history as the company underwent a smooth leadership transition designed to ensure long-term stability and sustained growth.

In July 2025, Richard Lee officially assumed the position of President of Philippine Seven Corporation, succeeding Jose Victor Paterno, who transitioned into the role of Chairman of the Board.

The leadership change reflects the company’s commitment to continuity while preparing for the next phase of expansion. With years of experience inside the organization, Lee brings extensive operational expertise and deep knowledge of the convenience retail industry, allowing PSC to continue executing its long-term strategy without disruption.

Under the new leadership structure, PSC remains committed to strengthening its market leadership through sustainable expansion, operational excellence, customer-focused innovation, and responsible value creation for shareholders.

Board Chairman Jose Victor Paterno described the transition as a significant moment in the company’s evolution.

“I am confident in the leadership now guiding the Company day to day. Richard brings a deep understanding of our operations and a disciplined approach to growth. As the Board, our focus remains on sustaining that momentum and creating lasting value for our shareholders and the communities we serve.”

The transition positions Philippine Seven Corporation to pursue future opportunities while preserving the values and strategic direction that have fueled its success over the past decades.

Continued Nationwide Expansion Reinforces Market Leadership

Store expansion remained one of PSC’s strongest growth drivers throughout 2025.

The company ended the year with 4,491 7-Eleven stores nationwide, up from 4,130 stores in 2024. This represents the opening of 423 new stores, further extending the convenience retailer’s reach into more cities, municipalities, and emerging communities across the Philippines.

The growing network allows millions of Filipinos to enjoy easier access to everyday essentials, ready-to-eat meals, beverages, bill payment services, financial services, and other convenience offerings closer to where they live, work, and travel.

Of the total store network, 53.42% are company-owned, while 46.58% operate under franchise partnerships, highlighting PSC’s balanced expansion strategy that combines corporate investment with entrepreneurial opportunities for Filipino business owners.

The company also continued refining its store formats to better meet changing consumer lifestyles. Modernized layouts, improved merchandising, expanded product assortments, and enhanced customer experiences helped strengthen the brand’s competitiveness in an increasingly dynamic retail environment.

Fresh food continued to be one of the fastest-growing segments within the business. Together with PSC’s proprietary foodservice brands and ready-to-eat offerings, fresh food contributed significantly to higher basket sizes and increased customer visits, reinforcing 7-Eleven’s role as more than just a convenience store.

Investing in Technology and Digital Innovation

Recognizing that consumer expectations continue to evolve, Philippine Seven Corporation accelerated investments in technology and digital infrastructure throughout 2025.

The company allocated substantial resources toward store modernization, supply chain improvements, operational efficiency, and digital transformation initiatives designed to improve both customer convenience and business productivity.

One of the company’s most significant achievements was the rapid rollout of cashless payment capabilities across its nationwide network.

By the end of 2025, more than 1,000 7-Eleven stores were already accepting multiple digital payment options. Building on that momentum, PSC expanded cashless payment acceptance to over 4,000 stores by the end of May 2026, dramatically improving payment accessibility for customers nationwide.

Shoppers can now conveniently complete purchases using:

Credit cards
Debit cards
QR Ph
E-wallets
Other digital payment platforms

The broader acceptance of cashless payments enables faster checkout times, greater convenience, and a more seamless shopping experience while supporting the country’s growing digital economy.

These investments also strengthen PSC’s operational capabilities by streamlining transaction processing and improving overall store efficiency, positioning the company for sustained long-term growth.

Building the Future of Convenience Retail

Looking ahead, Philippine Seven Corporation remains focused on executing its long-term growth strategy by expanding into high-potential markets, enhancing customer experiences, strengthening digital capabilities, and continuously innovating its product and service offerings.

As consumer behavior increasingly shifts toward convenience, digital payments, and omnichannel retail experiences, PSC aims to remain at the forefront of the Philippine convenience retail industry by investing in technologies and operational improvements that create lasting value for both customers and shareholders.

President Richard Lee expressed confidence in the company’s future direction.

“We enter the next chapter with confidence. Our focus now is on execution—opening the right stores, deepening how we serve customers, and scaling the digital and payment capabilities we built this year. That is how we keep 7-Eleven the most convenient choice for Filipinos wherever they are.”

With record financial performance, an expanding nationwide footprint, a strengthened balance sheet, and a renewed leadership team, Philippine Seven Corporation enters 2026 well-positioned to sustain its growth momentum and continue shaping the future of convenience retail in the Philippines.

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Record-Breaking 2025 Sales Propel Philippine Seven Corporation into a New Era Under President Richard Lee

Melo Villareal

Out of Town Blog

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