Tuesday, 24 June 2025
5 May 2025
12:12PM
Wilcon sees Q1 2025 profit fall 27.5%, bets on second half rebound
Retail tycoon William Belo’s Wilcon Depot’s profit plunged 27.5 percent to P536 million in the first quarter of 2025, even as sales inched up 1.2 percent to P8.4 billion, highlighting the growing pressure from rising costs and weaker performance in older stores.
28 Oct 2024
4:47PM
Wilcon Depot 9-month profit drops 22% amid soft demand
Business tycoon William Belo’s home improvement retailer Wilcon Depot said costs remained a drag on the bottom line, as profits slumped 22.3 percent to P2.12 billion during the first nine months of the year.
31 Jul 2024
12:02PM
Wilcon writes off P100-M fire loss, eyes 2nd half comeback
Home retail tycoon William Belo’s Wilcon Depot is aiming to bounce back in the second semester of 2024 amid softer sales and losses from a fire last April.
17 Jun 2024
3:12PM
Wilcon aims for larger share with small-format store expansion
As households grapple with inflation, home improvement retailer Wilcon Depot Inc. is prioritizing the expansion of its smaller format stores.
6 May 2024
2:36PM
Wilcon Depot saw earnings dip in Q1 2024 due to holiday timing
By: Miguel R. Camus
Business tycoon William Belo’s home improvement retailer Wilcon Depot reported a net income of P740 million during the first quarter of 2024, a decline of 23 percent mainly due to the significant drop in March revenues that were influenced by the Easter holidays in March.
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