Wilcon Depot earnings fall on tepid store sales in Q1

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Wilcon Depot earnings fall on tepid store sales in Q1 - Business Mirror

Quick Summary:

Wilcon Depot Inc.on Monday said its net income fell 27 percent to P536 million in the first quarter from last year’s P740 million on lower store sales in the first two months of 2025.

We are hoping that this indicates a growing sales trend that will be sustained from here on.

Same-store sales, however, were lower by 3.1 percent year-on-year.