Jarir Bookstore stock: FAB Securities keeps Hold as profit reaches SAR 863 million

Published on 10/23/2026 at 04:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jarir reported SAR 8.97 billion in nine-month revenue, up 9.70 percent. The market values Jarir Bookstore stock at SAR 19.6 billion.

Profit growth and analyst stance

Jarir Marketing reported SAR 863 million in nine-month profit on October 13, 2026.
Revenue reached SAR 8.97 billion for the nine months ended September 30, 2026.
Jarir Bookstore stock had a SAR 19.6 billion market value on October 22, 2026.

Jarir Bookstore, SA000A0BLA62, Illustration mit AI erstellt.

Jarir Marketing Company reported nine-month profit of SAR 863 million, while FAB Securities kept a Hold rating on Jarir Bookstore stock. Jawlah dated the preliminary results October 13, 2026, and MarketScreener reported the analyst stance on October 20, 2026.

Three results dates show the trend

On June 30, 2026, quarterly revenue reached SAR 3.04 billion and net income was SAR 253.50 million. On September 30, 2026, revenue for the first nine months reached SAR 8.97 billion and profit reached SAR 863 million. On October 20, 2026, FAB Securities kept its Hold rating, while the analyst consensus target listed by MarketScreener was SAR 17.48. The figures and rating chronology are documented by Jawlah and MarketScreener.

What does the margin gap mean?

Revenue increased 9.70 percent year over year in the nine months ended September 30, 2026, while net income rose 16.70 percent. Gross profit advanced 16.60 percent to SAR 1.18 billion, giving profit growth a faster pace than sales growth. Jarir attributed the improvement to stronger margins, higher sales in most divisions and a reduced need for promotional discounts, with smartphones contributing strongly to sales.

The third quarter added a seasonal test. Revenue rose 7.80 percent year over year to SAR 3.15 billion, while net income increased 15.10 percent to SAR 374 million. Compared with the second quarter, profit rose 58.70 percent and revenue increased 13.70 percent, reflecting back-to-school demand in school and office supplies, computers and tablets. The comparison makes product mix and margin retention more important than revenue growth alone.

Saudi quote frames the valuation

Jarir Marketing Company was last at SAR 16.34 on Tadawul on October 22, 2026 at 3:18 p.m. AST. The 52-week range was SAR 12.26 to SAR 18.38, and the market capitalization was SAR 19.6 billion, both as of October 22, 2026. The stock therefore sits below its yearly high while the latest results point to faster profit growth than revenue growth.