Puregold Price Club Inc. solidifies its position as a retail leader with its impressive gross revenue and consistent growth in same-store sales.
PUREGOLD Price Club Inc. has once again demonstrated its dominance in the retail sector, securing its place among the country's top-grossing companies. According to a third-party report, Puregold had a gross revenue of P137.8 billion, cementing its leadership in the supermarket industry.
Operating over 600 locations, including Puregold Stores, S&R Membership Shopping Warehouses, and S&R New York Style Pizza outlets, Puregold has consistently leveraged its expansive footprint to drive consumer engagement and deliver exceptional value.At the core of Puregold's success are customer-centric initiatives that distinguish the retailer in a competitive market. Programs like 'Mas Pinababang Presyo Araw-Araw' and 'Hakot Every 1' ensure savings on essential goods, and 'Tindahan Ni Aling Puring,' a loyalty platform empowering micro-entrepreneurs, has bolstered customer trust and loyalty. These efforts have translated into measurable gains, with Puregold Stores and S&R Warehouse Clubs achieving same-store sales growth of 3.5 percent and 4.1 percent, respectively, in 2024. Such strong performance is reflected in the company's financial results. For the first nine months of 2024, Puregold's consolidated net income rose to P6.9 billion, marking a 4.5 percent year-on-year increase — a testament to the effectiveness of its operational strategies and disciplined cost management.'Being recognized among the top 20 corporations in the Philippines is a validation of our vision and execution,' Puregold Price Club Inc. President Ferdinand Vincent Co said. 'This achievement is proof of our commitment to creating sustainable value for our customers, partner suppliers and shareholders. As we move forward, we remain focused on driving first-to-market innovation, strengthening operational efficiency, and enhancing stakeholder engagement,' he added
PUREGOLD REVENUE SUPERMARKET GROWTH PHILIPPINES
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