C05338-2024

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Aug 8, 2024
2. SEC Identification Number
A199813754
3. BIR Tax Identification No.
201-277-095
4. Exact name of issuer as specified in its charter
Puregold Price Club, Inc.
5. Province, country or other jurisdiction of incorporation
Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
No. 900 Romualdez St., Paco, Manila Postal Code 1007
8. Issuer's telephone number, including area code
09178612459
9. Former name or former address, if changed since last report
None
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares 2,880,137,615
11. Indicate the item numbers reported herein
Other Matters

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Puregold Price Club, Inc.PGOLD

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Press Release entitled "Puregold 1H 2024 net income grew to P4.95 billion, Up 12.5% YoY "

Background/Description of the Disclosure

Manila, Philippines – Grocery retail leader Puregold Price Club, Inc. (PGOLD) grew consolidated revenue to Php 98.5 billion in the first half of 2024 which represents an 8% growth from Php 91.2 billion in the same period last year. In the first half of 2024, the enterprise experienced positive same store sales growth (SSSG) of +1.9% from Puregold Stores driven by higher traffic and +2.4% from S&R Warehouse clubs driven from higher ticket size. The company continues to see a buoyant trajectory in topline growth for the second half of 2024.

PGOLD consolidated net income for the first half of 2024 grew by 12.5% year on year to Php 4.95 billion from Php 4.4 billion. Puregold’s topline growth was complimented by the slight improvement in gross margins for both Puregold and S&R business.

……
As of end June 2024, PGOLD opened 12 new Puregold stores, 2 S&R Membership Shopping Warehouse and 1 S&R New York Style QSR. The group had a total of 581 stores nationwide. These include 498 Puregold stores, 28 S&R Membership Shopping Warehouses, and 55 S&R New York Style QSRs.

Other Relevant Information

Please see attached SEC Form 17-C Report of the Company

Filed on behalf by:
Name John Marson Hao
Designation Investors Relations Officer