C05649-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 2,880,137,615 |
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Subject of the Disclosure |
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Press Release entitled "Puregold 1H23 Revenue Grows to P91.2 billion, Up 11% YoY " |
Background/Description of the Disclosure |
Manila, Philippines – Retail leader Puregold Price Club, Inc. (PGOLD) grew consolidated revenue to Php 91.2 billion in the first half of 2023 which represents an 11% growth from Php 82.2 billion in the same period last year. In the first half, groupwide same store sales was up 7% versus the same period last year as traffic was higher by 6.7% and baskets were flattish at 0.2% year on year. Broken down by banners, the enterprise experienced positive same store sales growth (SSSG) of +5.9% from Puregold Stores and +9.5% from S&R Warehouse clubs for the same period. SSSG trended towards more normalization starting in the second quarter as a contrast to the more flattering base effects felt in the first quarter of this year. The company continues to see a buoyant trajectory in topline growth for the balance of the year. |
Other Relevant Information |
Please see attached SEC 17-C Report of the Company |
Name | Candy Dacanay-Datuon |
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Designation | Assistant Corporate Secretary / Compliance Officer |