<\/p>\n
PUREGOLD PRICE Club, Inc. posted a 23.7% increase in net income for the primary quarter (Q1), driven by higher sales and improved margins.<\/p>\n
In a regulatory filing on Thursday, the listed retailer said net income rose to P3.26 billion within the January-to-March period from P2.64 billion a yr earlier.<\/p>\n
Consolidated net sales increased by 12.1% to P58.78 billion from P52.42 billion in the identical period last yr.<\/span><\/p>\n Puregold said the expansion was supported by positive same-store sales growth (SSSG), with Puregold stores posting a 5.4% increase resulting from higher basket sizes, while S&R Warehouse Clubs recorded 12% growth on higher customer traffic.<\/p>\n \u201cFor the primary quarter of 2026, the enterprise experienced positive SSSG of +5.4% from Puregold Stores driven by higher basket size and +12% from S&R Warehouse clubs driven by higher traffic,\u201d the corporate said.<\/p>\n The corporate said first-quarter earnings growth was \u201cdriven by strong topline growth and complemented by improvement in gross margins.\u201d<\/span><\/p>\n Gross profit rose by 15.1% to P11.8 billion, while gross margin improved to twenty.1% from 19.6% a yr ago.<\/p>\n Operating income climbed 20% to P4.77 billion from P3.97 billion previously.<\/p>\n Other operating income also increased by 7.8% to P977 million from P906 million.<\/p>\n Meanwhile, operating expenses went up 11.4% to P8.01 billion throughout the quarter.<\/p>\n Cost of sales increased by 11.4% to P46.98 billion from P42.16 billion a yr ago.<\/p>\n Income tax expense rose 23.3% to P957 million.<\/p>\n As of end-March, Puregold operated 790 stores nationwide, consisting of 685 Puregold stores, 33 S&R Membership Shopping Warehouses, and 72 S&R Recent York Style quick-service restaurants.<\/p>\n The corporate\u2019s board approved the first-quarter financial results during its regular meeting on May 7. \u2014 Alexandria Grace C. Magno<\/b><\/span><\/p>\n<\/p><\/div>\n <\/p>\n","protected":false},"excerpt":{"rendered":" PUREGOLD.COM.PH PUREGOLD PRICE Club, Inc. posted a 23.7% increase in net income for the primary quarter (Q1), driven by higher sales and improved margins. In a regulatory filing on Thursday, the listed retailer said net income rose to P3.26 billion within the January-to-March period from P2.64 billion a yr earlier. Consolidated net sales increased by […]<\/p>\n","protected":false},"author":1,"featured_media":331221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[51476,9381,19523,5411,17489,191,7084],"class_list":["post-331220","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-24as","tag-boosts","tag-climb","tag-earnings","tag-puregold","tag-sales","tag-traffic"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/331220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=331220"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/331220\/revisions"}],"predecessor-version":[{"id":331223,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/331220\/revisions\/331223"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/331221"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=331220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=331220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=331220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}