AllDay Marts, Inc. Sustains Stable Performance through H1-2024; P4.9 Billion in Revenue, 7.7% Growth in NIAT

Premium segment supermarket player AllDay Supermarket turned in a stable performance for the first half of 2024. In its disclosure to the PSE, revenue for the supermarket was flat compared to the same period in 2023 at 0.8% improvement.

Reported NIAT for AllDay’s H1-2024 is at P185 million, 7.7% higher than the previous comparable period of P172 million.

​AllDay also reported marginal increases in Gross Profit—P1.027 billion versus H1-2023’s P 1.001 billion—and EBITDA, which grew by 11.2% to P504 million.

AllDay’s Acting President and CEO Jacqueline Cano credits AllDay’s stable performance to operational efficiencies. “On the operational side, we looked into every opportunity to increase efficiency. While taking special care to preserve—even improve on the unique AllDay experience—controlled spending and cost control measures allowed us to deliver even better value to our stakeholders.”

​Cano adds: “Notably, our increased efforts to shore up AllDay’s brand equity through an attractive and comprehensive imported item offering as well as optimal pricing strategies are increasingly bearing fruit.” In H1-2024, AllDay’s gross profit margins increased by 70 basis points.