AllDay Supermarket Reported P2.468 in Revenue, NIAT of P97 Million in Q12024

AllDay Supermarket, a premium segment supermarket, reported a modest improvement in its performance for the first quarter of 2024: P2.468 billion in revenue, 1.1% higher than Q12023's P2.441 billion, and a reported Net income after taxes (NIAT) of P97 million, 10.2% higher than the previous comparable period of P88 million.

The chain reported increases in Gross Profit—P514 million versus Q12023’s P508 billion—and EBITDA, which grew by 5.6% to P246 million.

President and CEO Frances Rosalie T. Coloma attributes AllDay's stable performance during a challenging quarter marked by decreased household spending and rising prices to continuous range improvement, leveraging international selections, and the recent opening of four (4) new minimart locations.

“AllDay’s stable position through the first quarter can be credited to continuing gains from our importation and, in part, through our new minimarts. We established a foothold in the communities of Camella East and Ponticelli in Bacoor, Maia Alta in Antipolo, and along Governor’s Drive in Dasmarinas, and look forward to building on the elevated supermarket experience we have long bannered across the chain."

From 2017 up to the present, AllDay Supermarket opened 33 stores, including locations in Molino, Kawit, two locations in Las Pinas, Libis, Pampanga, Global South, Naga, Iloilo, General Trias, and Tanza, Evia, Starmall Alabang, Malolos, Dasmarinas, and North Molino, Imus, Salawag, Silang, Santiago, Cabanatuan, Sta. Maria and Talisay.