Robinsons Retail Holdings, Inc. Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2019
May 06, 2019 at 03:10 am EDT
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Robinsons Retail Holdings, Inc. announced unaudited earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported sales of PHP 37,350 million compared to PHP 28,961 million a year ago. Operating income was PHP 1,197 million compared to PHP 1,275 million for the same period a year ago. Net income was PHP 1,006 million compared to PHP 1,353 million a year ago. Earnings per share were PHP 0.52 compared to PHP 0.87 a year ago.
Robinsons Retail Holdings, Inc. is a Philippines-based multiformat retailer. The Company's divisions include Supermarket, Department Store, Do-It-Yourself (DIY), Convenience Store, Drug Store and Specialty Store. The Supermarket division operates under five formats: Robinsons Supermarket, Robinsons Easymart, The Marketplace, Shopwise and No Brand. The Department Store division includes Robinsons Department Store, which offers local and international brands that are grouped into categories, such as shoes, bags and accessories (including beauty and personal care), ladies' and men's wear, children's wear, household items and others. The DIY division includes brands, such as Handyman Do it Best, True Value and True Home. The Convenience Store division operates Uncle John's, which is a 24-hour convenience store chain. The Drug Store division operates three formats: South Star Drug, Rose Pharmacy and TGP. The Specialty Store division is the lifestyle arm of the Company.