Puregold Price Club, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022 at 04:53 am
Share
Puregold Price Club, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was PHP 38,507 million compared to PHP 37,729 million a year ago. Net income was PHP 2,151 million compared to PHP 2,020 million a year ago.
Puregold Price Club, Inc. is engaged in the business of trading goods, such as consumer products (canned goods, housewares, toiletries, dry goods, food products, pharmaceutical and medical goods and others) on a wholesale and retail basis. The Company operates in the retailing business segment. Its stores are divided into four store models: Hypermarket, Supermarket, Extras and Minimart. It has over 525 retail stores, consisting of 452 Puregold Stores, 22 S&R Membership Shopping Warehouses and 51 S&R New York Style Pizza (QSRs). Hypermarkets offer food and non-food products to retail customers and small business owners (stores include mini-marts, cafeterias, restaurants, bakeries, pharmacies). The Supermarket is primarily located in residential areas and offers a higher proportion of food to non-food products. It maintains two online platforms called, Sally and Rappit and is affiliated with other online delivery platforms, such as Pick-a-roo, Metromart, Lazada, and Shopee.
PUREGOLD PRICE CLUB, INC. 
