DFI Retail Group - RHB Research 2025-12-04: Investor Day Affirms Earnings Growth; Maintain BUY

• We maintain our positive stance on DFI Retail (SGX:D01) and raise our FY26F-27F earnings by 2% and 1% based on management’s new FY28 earnings guidance of US$310-350m – on store network expansion, better margins, and operating efficiency.
• - Read this at SGinvestors.io -

Guided for FY28F’s earnings to be at US$310-350m.

• We attended DFI Retail’s investor day conducted in Singapore yesterday and came away more confident of its growth strategy and key drivers that will deliver its FY28 earnings growth target.
• - Read this at SGinvestors.io -
• Cash raised from the sale of stakes in Yonghui Superstores and Robinson’s Retail Holdings will now provide DFI with the financial flexibility to conduct strategic M&A activities.

Store network and margin expansion to drive FY28 earnings target.

• Read more at SGinvestors.io.

Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.

Previous report by RHB:
2025-11-05 DFI Retail Group - Earnings Recovery Gaining Traction; Keep BUY.

Price targets by other brokers at DFI Retail Target Prices.

Listing of research reports at DFI Retail Analyst Reports.

Relevant links:
DFI Retail Share Price History,
DFI Retail Announcements,
DFI Retail Dividend Payout Dates & Corporate Actions,
DFI Retail News