April 30, 2017 2:25 AM ET

Food and Staples Retailing

Company Overview of Puregold Price Club, Inc.

Company Overview

Puregold Price Club, Inc. engages in the retail and wholesale of consumer goods in the Philippines. Its stores offer canned goods, housewares, toiletries, dry goods, food products, pharmaceutical and medical goods, etc. It operates 306 stores and 22 food service stalls. The company was founded in 1998 and is based in Manila, the Philippines. Puregold Price Club, Inc. is a subsidiary of Cosco Capital, Inc.

No. 900 Romualdez Street

Paco

Manila,  

Philippines

Founded in 1998

Phone:

63 2 522 8801

Fax:

63 2 523 3055

Key Executives for Puregold Price Club, Inc.

President and Executive Director
Age: 34
Total Annual Compensation: $3.6M
Senior Vice President
Age: 56
Total Annual Compensation: $1.2M
Vice Chairman and Treasurer
Age: 58
Total Annual Compensation: $2.4M
Vice President of Administration
Age: 52
Total Annual Compensation: $780.0K
Compensation as of Fiscal Year 2015.

Puregold Price Club, Inc. Key Developments

Puregold Price Club, Inc. Provides Earnings Guidance for the Year 2017

Puregold Price Club, Inc. provided earnings guidance for the year 2017. For the year, the company reported CAPEX Budget of PHP 2.5 billion. Consolidated net sales targeted to grow by 8 to 10%.

Puregold Price Club, Inc., 2016 Earnings Call, Apr 07, 2017

Puregold Price Club, Inc., 2016 Earnings Call, Apr 07, 2017

Puregold Price Club, Inc. Announces Consolidated Earnings Results for the Year Ended December 31, 2016

Puregold Price Club, Inc. announced consolidated earnings results for the year ended December 31, 2016. For the year, the company reported a consolidated net income of PHP 5.53 billion which represents a 10.5% growth compared to PHP 5 billion in the same period in 2015. Consolidated Net margins for 2016 is at 4.9%. same store sales growth (SSSG) of 6.2% for Puregold stores and 4.4% for S&R stores were driven by continued strong consumer demand even after the elections. Consolidated net sales increased by 15.9% to PHP 112.6 in 2016 due to the strong consumer demand from its existing Puregold, S&R stores and S&R New York Style Pizza stores as well as the 26 newly opened stores of Puregold and 2 S&R Membership warehouse. Income from operations grew to PHP 8.1 billion in 2016, up by 13.3% compared to PHP 7.15 billion during the same period last year.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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