Tycoon Lucio Co’s grocery retail leader Puregold Price Club Inc. (PGOLD) posted a 5.6-percent improvement in consolidated net income to ₱7.3 billion in the first nine months of 2025 from ₱6.91 billion in the same period last year.

In a disclosure to the Philippine Stock Exchange (PSE), the firm said its earnings growth was driven by strong sales growth, complemented by a slight increase in gross margins.

Consolidated revenues grew 10.6 percent to ₱168.08 billion for the first nine months of 2025 from the ₱151.98 billion generated for the same period last year.

“For the first nine months of 2025, the enterprise experienced positive same-store sales growth (SSSG) of 4.8 percent from Puregold stores, driven by higher basket size and higher traffic, while 5.4-percent SSSG from S&R warehouse clubs was driven by higher traffic,” Puregold said.

As of end-September 2025, PGOLD operates a total of 772 stores nationwide, comprising 673 Puregold stores, 31 S&R membership shopping warehouses, and 68 S&R New York-style quick-service restaurants (QSRs).

The group realized an increase of 13.5 percent in consolidated gross profit to ₱31.39 billion, at 18.7-percent margin, in the first nine months of 2025, from ₱27.65 billion at 18.2-percent margin in the same period of 2024.

Other operating income increased by 15 percent from ₱2.46 billion in the nine months of 2024 to ₱2.82 billion in the same period of 2025.

Gross operating income for the nine months of 2025 amounted to ₱34.21 billion, at a gross operating margin of 20.4 percent, and an increase of 13.6 percent from ₱30.11 billion at 19.8-percent margin in the same period of 2024.

Operating expenses (opex) increased by 16.5 percent from ₱19.7 billion in the nine-month period ended Sept. 30, 2024, to ₱ 22.96 billion in the same period of 2025.

For the period ended Sept. 30, 2025, the group registered a 4.3-percent net margin from the 4.5-percent net margin in the same period of 2024.