Puregold Projects Steady Profit Growth Amid Expansion Plans
‘Underappreciated’ Puregold seen to post steady profits

Image: Inquirer
Puregold Price Club Inc. is projected to achieve consistent profit growth, with net income expected to reach ₱12 billion in 2026, up from ₱11.34 billion last year. The company plans to expand its store network significantly, bolstered by its dual-format strategy catering to diverse consumer segments.
- 01Puregold's net income is forecasted to grow by 6% to ₱12 billion in 2026 and 7.1% to ₱12.86 billion in 2027.
- 02The company's stock target price has been raised to ₱60 per share, reflecting a potential upside of 37% from its recent closing price.
- 03Puregold operates solely in the Philippine market, distinguishing it from competitors with international operations.
- 04The retailer's dual-format strategy includes Puregold supermarkets for mass-market consumers and S&R Warehouse Club for premium households.
- 05Puregold plans to open approximately 60 new stores this year and two to three new S&R clubs annually.
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Puregold Price Club Inc. is anticipated to see steady profit growth over the next two years, driven by store expansion and increased contributions from its S&R Warehouse Club. A report by First Metro Securities and DBS Bank predicts the retailer's net income will rise by 6% to ₱12 billion in 2026 from ₱11.34 billion last year, followed by a 7.1% increase to ₱12.86 billion in 2027. The report recommends a 'buy' rating for Puregold, raising the 12-month target price to ₱60 per share from ₱49, indicating a potential upside of about 37% from its recent closing price of ₱43.85. The company, led by tycoon Lucio Co, is noted for its strong balance sheet and broad exposure to domestic consumption, with plans to open around 60 new Puregold stores this year and two to three new S&R clubs annually. Puregold's dual-format strategy allows it to cater to a wide range of customers, enhancing its competitive position in the market.
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Puregold's expansion plans and steady profit growth indicate a positive outlook for employment and consumer spending in the Philippines.
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