Capital StructureLow leverage and a near-50% equity ratio provide durable financial flexibility. With a debt-to-equity of 0.23 and stable ROE, the company can fund store investment, weather demand shocks, and preserve dividend capacity without aggressive refinancing, supporting multi-month resilience.
Stable Gross MarginsA consistent ~30% gross margin signals effective procurement and category pricing. For a drugstore retailer, steady gross margins sustain cash generation potential and allow investment in merchandising, loyalty and omnichannel capabilities, underpinning durable operating leverage if revenue stabilizes.
Diversified Retail ModelBroad product mix across OTC, cosmetics and daily necessities creates resilient, recurring footfall and basket diversification. Essential categories cushion sales volatility while higher-margin cosmetics support profitability, making the core retail model structurally defensive over the medium term.