News for Robinsons Retail Holdings, Inc. (RRETY)

  • Published at
    by manilatimes.net
    positive

    Robinsons Retail buys back stake for P15.77B

    GOKONGWEI-LED Robinsons Retail Holdings Inc. (RRHI) on Friday said that it had reacquired 315,309,310 common shares, equivalent to a 22.2 percent stake in the company, held by a DFI Retail Group unit 'to optimize capital allocation and create more value to its stakeholders.' The shares in question, which belonged to DFI's GCH Investments Pte. Ltd., were repurchased at P50.00 apiece, for a total purchase price of P15.77 billion. The price, which was a premium compared to Robinsons Retail's closing price of P37.80 on Friday, was said to have been mutually agreed upon.
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    by manilatimes.net
    positive

    3,000 riders join Shopwise Bike Fest

    MANILA, Philippines — Close to 3,000 cyclists of all ages gathered at the Vermosa Sports Hub in Imus, Cavite on Sunday for the second and even more electrifying staging of the Shopwise Bike Fest.
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    by businessmirror.com.ph
    positive

    Discount stores seen growing further

    Hard discounters, with brands such as Dali and O! Save, are expected to sustain their growth over the medium-term as players open more branches and expand their private label portfolio. Stanley C. Co, Robinsons Retail Holdings Inc.’s president and CEO, said the company’s entry into O! Save Trading Philippines Corp.…
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    by manilatimes.net
    positive

    Robinsons Retail nets P1.2B in first quarter

    GOKONGWEI-LED Robinsons Retail Holdings Inc. posted core earnings of P1.2 billion in the first three months of 2025, up 4.9 percent year on year, as operating income strengthened, complemented by lower interest expenses.
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    by manilatimes.net
    positive

    Maybank hikes Robinsons Retail profit, price outlooks

    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.
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    by manilatimes.net
    positive

    Robinsons Retail core income rises to P6.3B

    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.
  • Published at
    by manilatimes.net
    neutral

    Robinsons Retail eyes competitiveness boost

    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.
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    by businessmirror.com.ph
    mixed

    Stock-Market Outlook

    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…
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    by manilatimes.net
    positive

    Robinsons Retail YTD core income hits P4.1B

    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.
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    by businessmirror.com.ph
    positive

    Time Magazine cites 13 PHL companies

    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…
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    by businessmirror.com.ph
    mixed

    Gotyme Bank partners with BSP coin deposits

    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…
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    by businessmirror.com.ph
    neutral

    Gokongwei Group conglomerates ranked among top companies in Inaugural Fortune Southeast Asia 500

    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…
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    by businessmirror.com.ph
    mixed

    RCSI renames convenience stores after popular product

    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
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    by businessmirror.com.ph
    positive

    Stock Market Outlook

    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.