Recent Updates — WILC
G. Willi-Food International Ltd. announced its intention to voluntarily delist its ordinary shares from the NASDAQ Capital Market and concentrate trading on the Tel Aviv Stock Exchange (TASE). The company cited that maintaining a dual listing is unnecessary given that most shares trade in Israel and operations are substantially based there, allowing for reduced US compliance costs. Following NASDAQ delisting, the company intends to deregister with the SEC under the Securities Exchange Act of 1934 by filing Form 25 around August 17, 2026, and Form 15F around August 28, 2026. Trading on NASDAQ is expected to cease no earlier than August 26, 2026, with TASE listing effective no earlier than August 27, 2026. Shares will remain listed on TASE and may trade in the US OTC market. G. Willi-Food International Ltd. operates in the food industry, specializing in the design, import, marketing, and distribution of kosher food products worldwide.
G. Willi-Food International Ltd.'s Board of Directors declared a cash dividend distribution totaling approximately NIS 20 million (US$6.5 million). The payout amounts to roughly NIS 1.44 per ordinary share, equivalent to approximately US$0.47 per share based on the exchange rate as of August 4, 2026. Shareholders of record as of the close of business on August 18, 2026, will receive payment on September 3, 2026. The final USD amount is subject to fluctuation based on the Bank of Israel's representative exchange rate on the record date and the number of shares outstanding at that time. G. Willi-Food International Ltd. operates in the food distribution industry, specializing in the import, marketing, and global distribution of kosher food products.
G. Willi-Food International Ltd. reported unaudited financial results for the second quarter and first half of fiscal year 2026, ending June 30, 2026. Second-quarter sales remained flat at NIS 160.5 million (US$ 53.7 million) compared to the prior year period. Gross profit increased 21.5% year-over-year to NIS 53.5 million (US$ 18.0 million), driven by improved purchase prices and a stronger New Israeli Shekel against the US Dollar and Euro. Operating profit rose 22.7% to NIS 25.3 million (US$ 8.5 million). Net profit decreased 33.9% to NIS 21.1 million (US$ 7.1 million), or US$ 0.5 per share, primarily due to significantly lower gains from marketable securities compared to the prior year's NIS 18.2 million gain. The company holds NIS 257.6 million (US$ 86.5 million) in cash and securities. Construction of a new refrigerated logistics center is progressing steadily, with operations expected to begin in the fourth quarter of 2026. G. Willi-Food International Ltd. specializes in the development, marketing, and international distribution of kosher food products.
G. Willi-Food International Ltd. appointed Erez Wiener and Daniel Schutz as directors, effective July 1, 2026. Wiener is a former CEO of the company and former CEO of Jerusalem Wineries. Schutz is the son-in-law of the company's CEO, Joseph Williger. G. Willi-Food International Ltd. is a food distribution company based in Israel.