Metro Retail sales exceed target

Business & Finance
14 Apr 2026 • 12:07 AM MYT
The Manila Times
The Manila Times

One of the longest-running English broadsheets in the Philippines

Metro Retail sales exceed target

METRO Retail Stores Group Inc. (MRSGI) said net income grew 12 percent to P682.64 million last year as sales climbed 4.9 percent to P41.56 billion, surpassing the full-year target of P40 billion.

In a statement on Monday, the retailer said same-store sales growth stood at 0.6 percent, reflecting stable underlying demand.

Blended gross margin improved to 21.8 percent from 21.4 percent, supported by stronger performance in its food retail segment.

The company reported a 9.3-percent rise in operating expenses driven by new store openings, higher utility, and personnel costs and calamity-related losses.

To mitigate inflationary pressures, Metro Retail said it continued to implement cost management and sustainability initiatives, including the installation of solar power systems in up to 19 stores.

Earnings before interest, taxes, depreciation and amortization rose 12.4 percent to P2.63 billion.

Ten new stores were opened during the year across Luzon and the Visayas.

The company also introduced its Metro Corner lifestyle concept targeting the premium urban market.

The company declared cash dividends totaling P194.09 million, or P0.06 per share.

“2025 was a year of disciplined execution and measurable impact for MRSGI,” said Joselito Orense, company president and chief financial officer, who cited expansion and new store formats as key growth drivers.

The company’s shares on Monday dropped P0.01, or 0.89 percent, to close at P1.11 each.