Robinsons Retail core net earnings rise on strong margins
The Gokongwei Group’s Robinsons Retail Holdings, Inc., posted a 3.9 percent improvement in core net earnings to ₱4.2 billion in the first nine months of the year, with the growth driven by gross margin expansion.
In a disclosure to the Philippine Stock Exchange, the firm said core net earnings inched up by three percent to ₱1.5 billion in the third quarter alone.
However, attributable net income fell 60 percent to ₱3.1 billion in the first three quarters of 2025 and by 13.5 percent to ₱872 million in the third quarter of the year.
This came after last year’s high base that included a one-time gain from the Bank of the Philippine Islands (BPI)–Robinsons Bank merger.
Third-quarter net sales came in at ₱50.8 billion, up 4.3 percent, lifting first-nine-month sales to ₱149.3 billion, up 4.8 percent.
Same store sales growth (SSSG) for the third quarter stood at 1.6 percent, with nine-month SSSG settling at 3.1 percent. SSSG remained positive in the third quarter despite weather disturbances and the shift in school opening.
Operating income increased by 3.1 percent to ₱2.3 billion in the third quarter, and by 4.5 percent to ₱6.6 billion year-to-date.
"The strength of our core businesses and our continued focus on operational efficiency have enabled the company to deliver sustained revenue growth and profitability,” said RRHI President and CEO Stanley C. Co.
He noted that, “As we enter the peak retail season, we are optimistic that consumer demand across our banners will pick up. This should allow us to end the year strong, with healthy sales and earnings momentum.”
As of September 30, 2025, Robinsons Retail has a total of 2,501 stores, comprising 777 Food Stores, 1,158 Drugstores, 51 Department Stores, 229 DIY Stores, and 286 Specialty Stores. It also has 2,118 franchised TGP stores.