Robinsons Retail Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 07:39 am EST
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Robinsons Retail Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PHP 47,222 million compared to PHP 44,724 million a year ago. Net income was PHP 783 million compared to PHP 1,672 million a year ago. Basic earnings per share from continuing operations was PHP 0.53 compared to PHP 1.13 a year ago. Diluted earnings per share from continuing operations was PHP 0.53 compared to PHP 1.13 a year ago.
For the nine months, sales was PHP 138,200 million compared to PHP 127,091 million a year ago. Net income was PHP 2,582 million compared to PHP 4,409 million a year ago. Basic earnings per share from continuing operations was PHP 1.76 compared to PHP 2.98 a year ago. Diluted earnings per share from continuing operations was PHP 1.75 compared to PHP 2.95 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.
ROBINSONS RETAIL HOLDINGS, INC. 
