Jarir reports SAR 374 million profit. Investing.com targets Jarir Bookstore stock at SAR 17.44

Published on 10/16/2026 at 10:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue reached SAR 3.15 billion as net profit rose 15.10 percent year over year. Investing.com sets Jarir Bookstore stock a SAR 17.44 target.

Earnings and valuation context

Jarir Marketing reported SAR 374 million in third-quarter net profit on October 13, 2026.
Nine-month revenue reached SAR 8.97 billion and net profit rose 16.70 percent in 2026.
Jarir Bookstore stock had a SAR 20.4 billion market value on October 15, 2026.

Jarir Bookstore, SA000A0BLA62, Illustration mit AI erstellt.

Jarir Bookstore (ISIN SA000A0BLA62) reported third-quarter net profit of SAR 374.00 million on October 13, 2026, up 15.10 percent from SAR 324.91 million a year earlier, according to Argaam. The result made the September 2026 quarter the latest earnings catalyst for the Saudi retailer.

Quarterly profit outpaced sales

Revenue reached SAR 3.15 billion in the third quarter of 2026, compared with SAR 2.92 billion in the same quarter of 2025, a 7.80 percent increase. Gross profit rose 14.40 percent to SAR 499.10 million from SAR 436.24 million, showing that profitability expanded faster than sales, Argaam reported.

What does the margin change mean?

The nine-month figures give the earnings move more weight. Revenue reached SAR 8.97 billion for the nine months ended September 30, 2026, up 9.70 percent from SAR 8.17 billion, while net profit climbed 16.70 percent to SAR 863.00 million from SAR 739.38 million, according to Argaam. The company said improved margins and fewer discounted promotions supported the stronger profit conversion.

Chairman Muhammad Alagil told Argaam that the average basket value increased 6.00 percent in the quarter, while the conversion rate moved from 29.00 percent to 27.00 percent. Physical showrooms generated 62.00 percent of sales and digital channels 38.00 percent, with installment sales accounting for 41.00 percent.

Three milestones frame the result

On July 30, 2026, Jarir's latest reported quarter before the new release showed revenue of SAR 2.77 billion and net profit of SAR 235.56 million, according to Investing.com. On August 10, 2026, the company distributed a SAR 0.20 dividend per share, as listed by Argaam. On October 13, 2026, third-quarter net profit reached SAR 374.00 million.

Which dates matter next?

Investing.com lists October 29, 2026 as Jarir's next earnings date. That report will test whether the stronger margin conversion continued beyond the back-to-school quarter.

Valuation keeps the focus on execution

Jarir Marketing Company stock was last quoted at SAR 16.97 on Tadawul on October 15, 2026. Investing.com lists a 12-month average target of SAR 17.44 and a Neutral consensus from 14 analysts, putting the target 2.77 percent above that dated quote. The latest results therefore leave execution, not sales growth alone, as the central valuation question.