Robinsons Retail Holdings Inc. (RRHI) said Tuesday its net income attributable to equity holders of the parent company declined 13.2 percent in the second quarter of 2025 to P1.49 billion from P1.72 billion a year ago on higher equitized losses from minority investments and higher interest expenses.
Second-quarter core net income, which excludes one-off items, rose 3.9 percent to P1.52 billion from P1.46 billion a year earlier, the company said in a disclosure to the stock exchange Tuesday.
Consolidated net sales in the second quarter went up 5.9 percent to P50.7 billion, boosted by election- and back-to-school-related spending. The slower inflation in second quarter also supported consumer spending, positively impacting both the company’s essential and discretionary categories
Blended same-store sales growth (SSSG) stood at 4.8 percent.
“The sustained recovery in basket sizes, along with our continued focus on improving assortment has enabled us to accelerate growth and exceed our full-year SSSG target in the second quarter,” said Stanley Co, president and chief executive of RRHI.
