Puregold Nine-Month Net Income Climbs 18.8% to P8.67 Billion on Higher Retail Sales
Key Takeaways
- •Puregold's consolidated net income for the first nine months of 2026 reached P8.67 billion, an 18.8% rise from P7.30 billion in the same period last year.
- •Nine-month consolidated net sales grew 11.7% to P187.71 billion, while operating income advanced 17.3% to P13.20 billion as expenses increased only 10.7%.
- •Same-store sales rose 4.5% at Puregold outlets on larger average basket sizes and jumped 14.7% at S&R Membership Shopping Warehouses on higher customer traffic.
- •As of end-September, the company operated 807 stores nationwide: 700 Puregold outlets, 34 S&R Membership Shopping Warehouses, and 73 S&R New York Style quick-service restaurants.
- •Puregold shares fell 0.89% to close at P38.90 apiece on the Philippine Stock Exchange on Thursday.
Puregold Price Club, Inc. on Thursday reported an 18.8% increase in consolidated net income to P8.67 billion for the first nine months of 2026, up from P7.30 billion a year earlier, driven by higher sales and improved gross margins.
In a regulatory filing, the Philippine Stock Exchange-listed retailer said consolidated net sales for the January-to-September period grew 11.7% to P187.71 billion from P168.08 billion in the same period last year.
Gross profit rose 13.4% to P35.59 billion from P31.39 billion, while gross income, including other income, increased 12.9% to P38.61 billion from P34.21 billion.
Operating income climbed 17.3% to P13.20 billion from P11.26 billion a year earlier, while operating expenses grew 10.7% to P25.41 billion from P22.96 billion. With expenses rising more slowly than sales, operating income outpaced the top line — a pace consistent with the company's attribution of the earnings increase to improved margins.
Puregold attributed the earnings increase to higher sales and improved gross margins, citing continued support from its suppliers. The filing covers the period through September, leaving fourth-quarter disclosures to complete the company's full-year 2026 picture.
Same-Store Sales Growth Across Formats
The company also reported positive same-store sales growth across its retail formats during the nine-month period. Same-store sales, a standard retail metric that tracks performance at existing stores and excludes newly opened locations, serve as a gauge of demand across an established footprint. Same-store sales at Puregold outlets rose 4.5%, driven by higher average basket sizes, while S&R Membership Shopping Warehouses recorded 14.7% growth, supported by increased customer traffic.
Store Network
As of end-September, Puregold operated 807 stores nationwide, comprising 700 Puregold outlets, 34 S&R Membership Shopping Warehouses, and 73 S&R New York Style quick-service restaurants. The footprint spans three formats — Puregold's grocery banners, membership-based S&R warehouse shopping, and S&R New York Style quick-service dining — giving the retailer multiple channels to Philippine consumers.
Share Performance
At the Philippine Stock Exchange on Thursday, Puregold shares fell 0.89% to close at P38.90 apiece.
— Alexandria Grace C. Magno
