Puregold earnings up 8.8% on higher sales
LISTED retailer Puregold Price Club, Inc. said its consolidated net income rose by 8.8% to P11.3 billion in 2025 from P10.4 billion in 2024, driven by higher revenues and improved gross margins.
“Our record-breaking earnings underscore the resilience of our core businesses with the aim at providing our target customers the best value, even amid challenging market conditions,” Puregold Price Club, Inc. President Ferdinand Vincent Co said in a statement on Tuesday.
The company’s revenues grew by 10.6% to P242.45 billion from P219.17 billion in 2024.
Same-store sales also increased, with Puregold Stores up by 4.1%, mainly due to higher basket size, and S&R Warehouse Clubs up by 6.1%, driven by increased foot traffic, the company said.
“As we move into 2026, we remain focused on accelerating our store expansion in key provincial markets—broadening our reach, enhancing customer convenience, accessibility, and positioning the company for sustained long-term growth and value creation,” Mr. Co said.
As of end-December 2025, Puregold opened 28 new Puregold stores, three S&R Membership Shopping Warehouses, and nine S&R New York-style quick service restaurant outlets, and acquired 153 Puremart stores.
The company had a total of 784 stores nationwide, consisting of 680 Puregold stores, 33 S&R Membership Shopping Warehouses, and 71 S&R New York-style quick service restaurant outlets.
Shares in Puregold rose by 2.50% to close at P41 each on Tuesday. — Alexandria Grace C. Magno
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