News for Robinsons Retail Holdings, Inc. (RRETY)

MAYBANK Investment Banking Group has raised its net income estimates for Gokongwei-led Robinsons Retail Holdings Inc. by 14 percent and 8 percent for fiscal years 2025 and 2026, respectively, following the retailer's better-than-expected 2024 results.

GOKONGWEI-LED Robinsons Retail Holdings Inc. (RRHI) on Thursday reported core earnings of P6.3 billion for 2024, an increase of 12.3 percent from P5.64 billion a year earlier, driven by higher gross profit and improved operational efficiencies.

GOKONGWEI-LED Robinsons Retail Holdings, Inc. (RRHI) will focus on enhancing competitiveness and increasing investments in its hard discount grocery chains, pet retail offerings, and targeted acquisitions and adopting a disciplined approach to store locations, a senior executive said.

Last week Share prices continued to fall, with the main index returning to the 7,100-point level, ahead of the crucial presidential elections in the United States and the US Federal Reserve’s last policy meeting for 2024.  The benchmark Philippine Stock Exchange index fell 171.27 points during the 4-day trading week…

GOKONGWEI-LED Robinsons Retail Holdings Inc. (RRHI) said Friday that core net earnings for the first nine months of 2024 grew 7.6 percent to P4.1 billion, from P3.8 billion last year, following improvements in gross profit and operating efficiencies.

Seven female business leaders of some of the country’s top companies have landed on the list of Fortune Magazine’s 2024 most powerful women in Asia.

Robinson Retail will benefit from the rising middle-income class and the Philippines' strong GDP growth. See why RRETY stock is a Buy.

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…

THE GoTyme Bank Corp. announced last Wednesday that it has partnered with the Bangko Sentral ng Pilipinas (BSP) to allow the bank’s customers to deposit their coins and turn them into high-interest savings.  The bank now offers an additional deposit option for users and is now integrated into the BSP’s…

Robinsons Retail Holdings Inc. (RRHI) is looking to diversify into new market segments with a number of brands currently on its add-to-cart list of potential acquisitions.

JG Summit lands at 55th spot, while Robinsons Retail is at 105 thin the list Two Gokongwei Group conglomerates landed in the inaugural Fortune Southeast Asia 500 ranking for 2024, a first-time list of the largest companies in the region ranked by revenue for the 2023 fiscal year. JG Summit…

Robinsons Convenience Stores Inc. (RCSI) said it will rebrand its Ministop stores to Uncle John’s, the name of its best-selling fried chicken. The company said the new name is also a celebration of the legacy of its late founder, John Gokongwei Jr. of Robinsons Retail, the holding company of the convenience store chain. “Uncle John’s

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.

Read Robinsons Retail Holdings, Inc. (OTC:RRETY) Declares Dividend of $0.25 at ETF Daily News

Robinsons Retail to acquire Ministop PH

Robinsons Retail Holdings Inc., a company led by the Gokongwei Group, said it is rebranding its Ministop convenience store chain and may stop using the brand eventually after its Japanese partner decided to pull out its investments in the Philippines. Robinsons Supermarket Corp. on Monday said it will acquire Ministop…