Metro Retail net income up 12% in 2025

Metro Retail Stores Group Inc. (MRSGI) posted a 12% increase in net income in 2025, driven by the opening of 10 new stores—including small-format Metro Value Marts, supermarkets, and department stores—across the country.

Net income rose to P582.64 million, while total sales grew 4.9% to P41.56 billion. Same-store sales growth stood at 0.6%, and blended gross margin improved to 21.8% from 21.4%.

Operating expenses climbed 9.3% due to new store openings, higher utility and personnel costs, and calamity-related losses. These were partly offset by cost management and sustainability initiatives, including the installation of solar photovoltaic (PV) systems in 19 stores.

“By strategically expanding our network into high-growth regions and introducing innovative store formats, we strengthened our market presence, delivered higher sales and margins, and improved cash earnings,” MRSGI president and chief operating officer Joselito Orense said in a regulatory filing.

“These results reflect the dedication of our teams nationwide and our commitment to serving customers with modern retail experiences while driving sustainable, long-term growth,” he added.

MRSGI’s portfolio includes Metro Supermarket, Metro Market, Metro Fresh N Easy, Metro Value Mart, Metro Department Store, and Super Metro.

Shares in the company last traded at P1.12 apiece, unchanged from Friday’s close.—MCG, GMA News