Wilcon Depot Inc. recorded a net income of P563 million in the first quarter of 2026, reflecting a 4.9% increase compared to the same period last year.
The company cited robust net sales of P9.17 billion, up 9.1% year-on-year, as a key factor in its profit rise.
This growth resulted from a 4.7% increase in comparable sales and contributions from newly opened stores.
Wilcon reported that it has achieved three consecutive quarters of same-store sales growth.
The demand was partly driven by advance purchases amid expectations of price increases.
In the first quarter, Wilcon opened three new depots and plans to launch eight more stores by the end of 2026.
The steady growth reflects our commitment to expanding our reach and improving customer experience.
Wilcon Depot Inc.