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Manila Bulletin devider Business devider The Stock Market devider Puregold hikes profit to ₱11 billion, boosts dividend to ₱5.7 billion

Puregold hikes profit to ₱11 billion, boosts dividend to ₱5.7 billion

Published Mar 31, 2026 04:34 pm
Puregold President Vincent Co.
Puregold President Vincent Co.

Lucio Co-led grocery retailer Puregold Price Club Inc. reported an 8.8-percent improvement in consolidated net income to ₱11.3 billion in 2025 from the ₱10.4 billion earned in 2024, driven by strong topline growth complemented by better gross margins.

The firm disclosed to the Philippine Stock Exchange (PSE) on Tuesday, March 31, that its consolidated revenue was 10.6 percent higher at ₱242.45 billion last year, up from ₱219.17 billion in 2024.

For full-year 2025, the enterprise experienced positive same-store-sales growth (SSSG) of 4.1 percent from Puregold stores, driven by higher basket size, and 6.1 percent from S&R warehouse clubs, driven by higher traffic.

“Our record-breaking earnings underscore the resilience of our core businesses with the aim at providing our target customers the best value, even amid challenging market conditions,” said Puregold President Ferdinand Vincent Co.

He added that, “As we move into 2026, we remain focused on accelerating our store expansion in key provincial markets—broadening our reach, enhancing customer convenience, accessibility, and positioning the company for sustained long-term growth and value creation.”

With these results, the board of Puregold has approved a 30-percent regular dividend payout, equating to ₱1.18 per share, for a total of ₱3.4 billion. This will be distributed to shareholders of record as of April 10, 2026.

In addition to the regular dividend, the Puregold board has also approved a 20-percent special dividend payout, amounting to ₱0.79 per share, for a total of ₱2.27 billion. This will be distributed to shareholders of record as of Aug. 17, 2026.

Together, the total dividend payout—comprising both the regular and special dividends—will amount to ₱5.67 billion, up 8.8 percent compared to last year, reflecting a dividend yield of 4.925 percent.

These payouts will be sourced from Puregold’s unrestricted retained earnings as of Dec. 31, 2025.

In 2025, Puregold opened 28 new Puregold stores, three S&R membership shopping warehouses, and nine S&R New York-style quick service restaurants (QSRs). It also acquired 153 Puremart stores.

The firm operates a total of 784 stores nationwide, comprising 680 Puregold stores, 33 S&R warehouses, and 71 S&R New York-style QSRs.

Related Tags

Puregold Price Club Inc. Ferdinand Vincent Co S&R Membership Shopping
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