Metro Retail’s Profit Jumps 45% in First Half of 2026: What This Means for the Grocery Store Chain

Metro Retail's Profit Jumps 45% in First Half of 2026: What This Means for the Grocery Store Chain

Metro Retail Stores Group, Inc. (MRSGI), one of the Philippines’ major supermarket and department store chains, announced some really good news on August 12, 2026. The company made a lot more money in the first six months of 2026 compared to the same period last year.

How Much Did Metro Retail Earn?

According to the company’s media release, Metro Retail’s net income (this is the actual profit they keep after paying all expenses) reached PhP212.2 million for the first half of 2026. This is 45% higher than what they earned during the same time in 2025. To put it simply, if they made 100 pesos last year, they made 145 pesos this year – that’s a big jump!

Even looking at just the second quarter (April to June 2026), their profit grew by 40.3% compared to the same three months in 2025.

How Much Did They Sell?

Metro Retail’s total sales for the first half of 2026 reached PhP19.36 billion. This is 3.1% higher than the first half of 2025. Think of it like this: if you sold 100 candies last year, this year you sold about 103 candies.

When they looked at stores that were open in both years (so it’s a fair comparison), their sales grew by just 0.2%. The company broke down their sales into two main parts:

  • Food retail (groceries and food items): grew by 3.8%
  • General merchandise (things like clothes, household items): grew by 1.2%

Why Did They Make More Profit?

Metro Retail explained that several things helped them earn more money:

Better profit margins: Their gross profit (the money left after paying for the products they sell) improved to 22.6% from 21.8% in the first half of 2025. This means they’re getting better at choosing which products to sell and how to price them.

Controlled expenses: Even though the company is opening new stores and dealing with higher costs (partly because of the Middle East conflict affecting prices globally), they managed to keep their operating expenses increase to just 4.8%. This shows they’re being careful with their spending.

Because of these improvements, their operating income (money made from their main business operations) went up by 22.8% to PhP339.4 million.

Opening More Stores

Metro Retail has been busy opening new stores, especially in the Visayas region (the middle part of the Philippines). They recently opened stores in Naval, Biliran and in Lapu-Lapu City and Mandaue City in Cebu. As of today, Metro Retail now operates 84 stores total across Luzon and Visayas.

The company runs different types of stores including Metro Supermarket, Metro Department Store, Super Metro Hypermarket, Metro Value Mart, and Metro Home Improvement and Lifestyle.

Making Stores Better

Metro Retail isn’t just opening new stores – they’re also making their existing stores better. They’re renovating their big stores and hypermarkets to give customers a nicer shopping experience.

In July 2026, they celebrated reopening their very first store, Metro Colon in downtown Cebu, after giving it a modern makeover while keeping its historic importance.

What the Company Says

President and Chief Operating Officer Joselito Orense said their strong performance shows that their growth plans are working well. He explained that the company will continue focusing on bringing products closer to communities, creating jobs for local people, and running their business efficiently to benefit both customers and shareholders.

About Metro Retail

Metro Retail Stores Group, Inc. is a publicly listed company in the Philippine Stock Exchange that operates supermarkets, department stores, and home improvement stores primarily in Luzon and Visayas regions of the Philippines.

Source Note:

This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.

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