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
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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
Puregold 9M 2024 net income grew to P 6.9 billion, Up 4.5% YoY
Background/Description of the Disclosure
Manila, Philippines – Grocery retail leader Puregold Price Club, Inc. (PGOLD) grew consolidated revenue to Php 151.97 billion in the first nine months of 2024 which represents a 9.1% growth from Php 139.3 billion in the same period last year. In the first nine months of 2024, the enterprise experienced positive same store sales growth (SSSG) of +3.5% from Puregold Stores and +4.1% from S&R Warehouse clubs driven by higher traffic and basket size. The company continues to see a buoyant trajectory in topline growth for the remainder of 2024
PGOLD consolidated net income for the first nine months of 2024 grew by 4.5% year on year to Php 6.9 billion from Php 6.6 billion. Puregold’s topline growth was complemented by the slight improvement in gross margins for the S&R business.
…… As of end September 2024, PGOLD opened 19 new Puregold stores, 3 S&R Membership Shopping Warehouse and 3 S&R New York Style QSR. The group had a total of 591 stores nationwide. These include 505 Puregold stores, 29 S&R Membership Shopping Warehouses, and 57 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
Investor Relations Officer and Sustainability Officer