Robinsons Retail Holdings, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 25, 2021
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Robinsons Retail Holdings, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was PHP 41,453 million compared to PHP 46,757 million a year ago. Net income was PHP 541 million compared to PHP 1,142 million a year ago. For the full year, sales was PHP 151,029 million compared to PHP 162,916 million a year ago. Net income was PHP 2,933 million compared to PHP 3,919 million 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.