Metro Retail sees strong Q4 after P28.7-B nine-month revenues

Metro Retail Stores Group, Inc. (MRSGI) sustained its growth trajectory in the third quarter of 2025, generating P9.91 billion in net sales, up 3.7 percent year-on-year. 

This brought the company’s nine-month revenues to P28.70 billion, representing a 4.1-percent increase from the same period last year.

Why it matters

The steady topline expansion comes despite softer consumer spending tied to recent typhoons and calamities, reflecting the Company’s ability to balance expansion with operational discipline in a challenging environment.

By the numbers

• Food retail climbed 4.6 percent, while general merchandise rose 2.8 percent for the nine-month period.
• Same-store sales were slightly lower at –0.9 percent as weather-related disruptions weighed on foot traffic.
• Blended gross margin improved to 21.7 percent from 21.1 percent on continued margin uplift in food retail.
• Ebitda surged 18.5 percent to P1.53 billion, signaling strong cash earnings.
• Net income increased 4.2 percent to P213.3 million, tempered by higher personnel costs from mandated wage hikes and a 22-percent jump in depreciation and amortization following new store and warehouse openings.

Between the lines

While rising operating expenses moderated profit growth, management said these costs were expected as part of its rollout of additional stores and logistics facilities.

What they’re saying

“Our year-to-date sales growth of 4.1 percent and Ebitda upswing of 18.5 percent demonstrate that our expansion strategy is effectively broadening our market reach,” said MRSGI president and COO Joselito Orense. 

He added that although recent calamities in the Visayas had affected some branches, the Company is gearing up for a strong holiday quarter.

Zoom in

MRSGI continued to expand its footprint with the opening of a Metro Supermarket and Department Store in Bais City, Negros Oriental, its first location in the province. It also introduced Metro Corner, a new lifestyle format in Mandani Bay, Mandaue City featuring curated essentials and specialty items.

Corporate governance 

MRSGI received a Golden Arrow Award from the Institute of Corporate Directors for the second consecutive year, underscoring its commitment to ethical and transparent leadership.

The big picture 

With 79 stores across Luzon and the Visayas and two consecutive years on the Fortune Southeast Asia 500 list, MRSGI continues to pursue sustainable expansion anchored on customer experience and strong governance. | Ed: Corrie S. Narisma