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BUSINESS

Robinsons Retail reports 3.9% net earnings increase

Toby Magsaysay

Robinsons Retail Holdings, Inc. (RRHI) reported a 3.9 percent increase in core net earnings to P4.2 billion for the first nine months of 2025, driven by gross margin expansion and steady operating performance across its core retail segments.

For the third quarter alone, core net earnings rose 3.0 percent year-on-year to P1.5 billion, as net sales grew 4.3 percent to P50.8 billion. Cumulative sales from January to September reached P149.3 billion, up 4.8 percent versus the same period last year.

Despite revenue gains, net income attributable to equity holders of the parent declined by 60 percent to P3.1 billion, reflecting the high base from 2024, which included a one-time gain from the Bank of the Philippine Islands–Robinsons Bank merger. Excluding such non-recurring items, earnings performance remained resilient.

On the other hand, same store sales growth (SSSG) reached 1.6 percent in the third quarter and 3.1 percent for the nine-month period. The company noted that retail activity held steady despite weather-related disruptions and the delayed school opening.

Operating income grew 3.1 percent in the third quarter to P2.3 billion and 4.5 percent year-to-date to P6.6 billion, supported by efficiency initiatives and cost controls.

“The strength of our core businesses and our continued focus on operational efficiency have enabled the company to deliver sustained revenue growth and profitability. As we enter the peak retail season, we are optimistic that consumer demand across our banners will pick up. This should allow us to end the year strong, with healthy sales and earnings momentum,” said Stanley C. Co, President and CEO of Robinsons Retail.