Sok Marketler stock returns to profit as margins improve
Published on 11/09/2026 at 02:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProfit Rebound and Guidance
- Sok Marketler returned to quarterly profitability as gross margin and EBITDA improved year over year.
- Customer traffic weakened, while the store network expanded and the company maintained its 2026 targets.
- Is Yatirim assessed the results positively, highlighting stronger underlying profitability and cash generation.
Sok Marketler returned to quarterly profitability in the third quarter of 2026, with stronger margins and higher operating earnings offsetting weaker customer traffic. In its report dated Friday, November 6, Is Yatirim described the results as a clear improvement in core profitability.
Margins Strengthen Despite Traffic Pressure
Revenue reached TRY 93.0 billion in the third quarter, up 1.2 percent in real terms from a year earlier, according to the brokerage analysis. Gross profit increased 5.5 percent to TRY 20.7 billion, lifting the gross margin to 22.2 percent from 21.3 percent.
EBITDA rose 20.2 percent year over year to TRY 4.827 billion, while the EBITDA margin improved to 5.2 percent from 4.4 percent. Net income reached TRY 989 million, compared with TRY 343 million a year earlier. Is Yatirim said the result was 2.4 percent above the market expectation, with lower tax expense supporting the improvement.
Customer Mix Remains Key Risk
The quarter also showed pressure on store traffic. Daily customer numbers per store fell 5.0 percent year over year, while the average basket increased 4.8 percent. Sok Marketler opened 125 net stores during the first nine months of 2026, taking the network to 11,199 locations.
Free cash flow amounted to TRY 4.1 billion in the quarter, compared with TRY 4.4 billion a year earlier. Net cash excluding IFRS 16 lease liabilities rose to TRY 19.1 billion at the end of the second quarter reference period cited by the report.
Company Model and Market Position
Sok Marketler operates a discount grocery retail business in Turkey through its store network and online Cepte ?OK channel. Its offer spans food, household goods and personal-care products, supported by private-label brands and the Win loyalty program. The company also serves customers across Turkey through thousands of stores and digital ordering services.
Sok Marketler company facts
- Company: Sok Marketler Ticaret A.S.
- ISIN: TRESOKM00022
- Trading symbol: SOKM
- Business: Discount grocery retail and online grocery services in Turkey
Investors can follow broader Turkish market developments in the BIST 100 market section.
Further reports and analysis are available in more news and analyses on Sok Marketler stock.
