Monday, 10 November 2025, 12:52 pm

    Puregold profit up as shoppers spend more

    Puregold Price Club, Inc. (PGOLD) saw its profit climb in the first nine months of 2025 as Filipinos kept filling their carts despite tighter household budgets. The grocery retail leader booked a 5.6 percent rise in consolidated net income to P7.3 billion from P6.9 billion a year earlier, lifted by strong sales and slightly better margins.

    Revenues surged 11 percent to P168.1 billion from P152 billion last year, driven by higher basket sizes and more shoppers in stores. Same-store sales grew 4.8 percent for Puregold outlets and 5.4 percent for S&R Warehouse Clubs, reflecting resilient consumer spending even amid inflation pressures.

    Gross profit jumped 134 percent to P31.4 billion, while operating income climbed 14 percent to P34.2 billion. Operating costs, however, rose 17 percent to P23 billion as the company continued to expand its network and manage costlier logistics.

    By end-September, Puregold operated 772 stores nationwide—673 Puregold branches, 31 S&R Membership Shopping Warehouses, and 68 S&R New York Style quick-service restaurants.

    Puregold’s steady growth shows its strong positioning in the mass market and warehouse segments, even as consumer spending patterns shift. The retailer’s ability to sustain growth amid rising costs underscores its pricing power and operational efficiency. Still, with margins tightening and competition heating up, sustaining profitability will hinge on how well it balances expansion and efficiency in the months ahead.

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