AllDay Supermarket, one of the country’s leading player in the Philippine mid-premium supermarket segment, sustained its growth momentum as the pandemic draws to a close with net income reaching P89 million in the first quarter of 2023 from a net loss in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said grew revenue by 6.5 percent to P2.44 billion in the first quarter of 2023 from P2.29 billion of the same period last year. Gross income also increased 8.9 percent to P508 million against P467 million. EBITDA also showed growth of 5.8 percent to P233 million for the first quarter of 2023 from P 220 million in the same period last year. AllDay Chairman Manuel B. Villar Jr.

“AllDay’s performance in the first quarter continues to validate our strategy and concept of a truly world-class and elevated supermarket experience that we have brought to more Filipinos throughout the country,” says AllDay Chairman Manuel B. Villar Jr. He added that, “We look forward to the rest of 2023 as we continue to fine-tune and deploy the AllDay blueprint, reaching even more Filipinos in our communities of operation.” AllDay Supermarket President and CEO Frances Rosalie T. Coloma points to a focus on the supermarket chain’s operational efficiencies as a potential driver to further sustain AllDay’s performance in adapting to shifting consumer behavior. “Our first quarter performance in 2023 is pleasing in the regard that we have validation of our capability to sustain exceptional results driven by the extraordinary behaviors and circumstances of the pandemic,” she said. Coloma noted that, “Now that the country has returned to normal, we look to our now 36 locations across the country and the many operational opportunities we can harness to deliver efficiency, and ultimately value, to our stakeholders.” AllDay Supermarket ended the quarter with total assets of P9.18 billion, total liabilities of P2.49 billion and a shareholder’s equity of P6.69 billion.