News for Puregold Price Club, Inc. (PGCMF)

PUREGOLD Price Club Inc. has once again demonstrated its dominance in the retail sector, securing its place among the country's top-grossing companies.

LUCIO Co-led retailer Puregold Price Club Inc. said Thursday that it had acquired a total of 153 Puremart stores from affiliate Tower 6789 Corp. at a book value of up to P567.5 million.

RETAILER Puregold Price Club Inc. recorded a nine-month net income of P6.9 billion for 2024, up 4.5 percent from P6.6 billion in the same period last year and driven by a 9.1-percent increase in consolidated revenues.

PUREGOLD Price Club Inc. is expected to book a net income of P2.4 billion in the third quarter (Q3), mirroring its first-half performance and with top-line growth seen at 8 percent and same-store sales growth (SSSG) at 2 percent, Maybank Investment Banking Group said.

Puregold has consistently demonstrated stability regardless of prevailing market conditions. Explore more details here.

Puregold Price Club, Inc. reinforces its commitment to inclusive growth and sustainable development through its social responsibility initiative, Pusong Panalo. The multichannel retailer has extended support to Laiban Elementary School in Tanay, Rizal. This recent effort marks a pivotal step in Puregold’s ongoing mission to enhance lives and foster development…

Puregold Price Club, Inc. reinforces its commitment to inclusive growth and sustainable development through its social responsibility initiative, Pusong Panalo. The multichannel retailer has extended support to Laiban Elementary School in Tanay, Rizal. This recent effort marks a pivotal step in Puregold's ongoing mission to enhance lives and foster development in rural areas.

FUSE Lending Inc., the lending arm of Globe Fintech Innovations Inc. (dba Mynt), has partnered with supermarket chain operator Puregold Price Club Inc. to offer “Buy Now, Pay Later” (BNPL) solution aimed at helping sari-sari store owners and other micro-scale, small and medium-sized enterprises (MSMEs) scale up their businesses. The…

TIME Magazine and Statista have named 13 Filipino firms, including three Sy-led companies, as among the World’s Best Companies for 2024. Among those included in the list were SM Investments Corp. (SMIC), SM Prime Holdings Inc. and China Banking Corp. “We are grateful to be part of the list of…

Monde Nissin Corp. on Tuesday said it is acquiring a controlling stake in goods trader Amico Innovations Inc. for P17.5 million. In its disclosure, Monde said it will subscribe to 87,500, or some 70 percent, of the outstanding common shares of Amico, a Philippine domestic corporation that is currently in…

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Given the uncertain macroeconomic backdrop, BDO Securities said investors should consider quality names in consumer, banks, property and conglomerates, or sectors which it expects to still benefit from positive reopening dynamics and offer healthy earnings growth at reasonable valuations.

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