AllDay Supermarket (ALLDY), one of the country’s leading player in the Philippine midpremium supermarket segment, reported sustained growth momentum in its numbers through the first quarter of 2023 as the pandemic draws to a close. Through Q12023, AllDay grew revenue to Php 2.441 billion from Php 2.293 billion of the same period last year. Gross income also increased to Php 508 million against Q12022’s Php 467 million—a growth of 8.9%. EBITDA also showed growth of 5.8% to Php 233 million for the 1st quarter of 2023 from Q12022’s Php 220 million. Net income for the first quarter of 2023 is reported at Php 89 million.

“AllDay’s performance in the first quarter continues to validate our strategy and concept of a truly world-class and elevated supermarket experience that we have brought to more Filipinos throughout the country,” says AllDay Chairman Manuel B. Villar Jr. “We look forward to the rest of 2023 as we continue to fine-tune and deploy the AllDay blueprint, reaching even more Filipinos in our communities of operation.”

AllDay Supermarket’s President and CEO Frances Rosalie T. Coloma points to a focus on the supermarket chain’s operational efficiencies as a potential driver to further sustain AllDay’s performance in adapting to shifting consumer behavior. “Our first quarter performance in 2023 is pleasing in the regard that we have validation of our capability to sustain exceptional results driven by the extraordinary behaviors and
circumstances of the pandemic. Now that the country has returned to normal, we look to our now 36 locations across the country and the many operational opportunities we can harness to deliver efficiency, and ultimately value, to our stakeholders.”

AllDay Supermarket ended the quarter with total assets of Php 9.183 billion, total liabilities of Php 2.491 billion and a shareholder’s equity of Php 6.693 billion.