Metro Retail reports lower Q3 earnings, higher revenue

Metro Retail Stores Group, Inc. reported earnings of ₱0.02 per diluted share for the quarter ended Sept. 30, 2025, down from ₱0.03 in the same period last year.

Gross revenue for the quarter was ₱10.01 billion, higher than last year’s ₱9.65 billion, according to its income statement posted on the Philippine Stock Exchange website.

The company said net sales reached ₱9.91 billion in the quarter, up 3.7% versus the prior year.

“While we saw temporary pressure on our net income due to the higher initial operating expenses in our growing network, the overall trajectory is positive and robust,” Joselito Orense, MRSGI president and COO, said Friday.

Same-store sales declined 0.9% for the January to September period as consumer spending eased following disruptions from typhoons and other calamities, Metro Retail said.

The company also said it recently opened its first location in Negros Oriental, with a combined Metro Supermarket and Department Store in Bais City.

It also launched Metro Corner, a new lifestyle format, at Mandani Bay, Mandaue City.

To date, Metro Retail operates 79 sites across Luzon and the Visayas under the formats Metro Supermarket, Metro Department Store, Super Metro Hypermarket, Metro Value Mart, and Metro Home Improvement and Lifestyle. (Marites Villamor-Ilano/Ventures Cebu)