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Turkish grocer Sok Marketler rises after Q3 earnings beat

Turkish grocer Sok Marketler rises after Q3 earnings beat

Sok Marketler Ticaret AsNovember 6, 20255
Turkish grocer Sok Marketler rises after Q3 earnings beat

About this update from Sok Marketler Ticaret As

** Shares in Sok Marketler BIST:SOKM rise more than 5% after the Turkish discount retailer reported Q3 earnings beat** Brokerage İs Yatirim says strong EBITDA performance, improvement in operational outlook, and increasing cash generation provide positive signals, although net profit came in slightly below estimates due to tax expenses** "Despite the weak sector outlook, the company continued its operational recovery for the fourth consecutive quarter, maintaining its turnaround from the bottom," it adds** Q3 EBITDA rose to 3.095 billion lira, beating the 2.201 billion consensus estimate cited by İs Yatirim** The stock is among the best performers on Turkey's main BIST 100 BIST:XU100 index, which is up 0.69%

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