Net income climbed 18.8 percent to P8.67 billion in the first nine months of 2026, while revenues rose 11.7 percent to P187.71 billion as stronger sales and improved margins lifted earnings.
The performance comes as Philippine economic growth slowed to 2.1 percent in the third quarter, with household spending rising just 2.4 percent.
Different shopping habits emerge
Puregold's two major retail formats recorded growth for different reasons, reflecting contrasting shopping patterns among consumers.
At its regular supermarkets, sales at existing stores increased 4.5 percent as customers spent more per visit, while S&R warehouse clubs posted a much stronger 14.7-percent increase, driven mainly by higher customer traffic.
Holiday spending ahead
The company also earned more from its sales, with gross profit margin improving to 19 percent from 18.7 percent, supported by supplier arrangements.
Operating expenses grew 10.7 percent, slower than revenues, helping operating profit rise 17.3 percent to P13.2 billion.
The group operated 807 outlets nationwide as of September, including 700 Puregold supermarkets, 34 S&R warehouse clubs and 73 S&R restaurants.
—Edited by Miguel R. Camus
