May 03, 2024
AllDay Supermarket (ALLDY), a leading player in the Philippines’ mid-premium supermarket segment reported Php 10.914 billion in revenue at the close of FY2023, 4.4% higher than FY 2022’s Php 9.760 billion. Net income also saw an increase of 22.4%: Php 369 million against FY 2021’s Php 302 million.
“AllDay was successful in growing its business in 2023 and has taken clear strides to elevate the supermarket experience for the Filipino. We believe our performance reflects this in 2023. With a market still clearly hungry for experiences in the country’s full return to normalcy, our supermarket concept is still well-received.” says AllDay Chairman Manuel B. Villar, Jr.
AllDay also increases in Gross Profit—Php 2.055 billion versus FY 2022’s Php 2.003 billion—and EBITDA, which grew by 10.3 % to Php 995 million.
International flavors in every aisle
Over the course of 2023, AllDay bolstered its hold on a premium supermarket experience through its marked improvements in importation. “Aside from our constant thrust to innovate on AllDay’s in-store experience, we take heed of our market’s preference for experiences and flavors they experience abroad. I am confident in saying AllDay’s range offering carries a much stronger imported selection, which strengthens our overall elevated supermarket experience, ” says Camille Villar, AllDay Vice Chairman.
Closer to community—AllDay opens 4 new minimarts AllDay Supermarket’s President and CEO Frances Rosalie T. Coloma credits the supermarket chain’s sustained performance to AllDay leveraging its closeness to community. “Aside from our gains in importation, AllDay’s sustained positive performance can be credited to our leveraging our locations. We are closer to established communities, and we have made strides in taking further advantage of this by opening four (4) new minimart locations: Camella East and Ponticelli in Bacoor, Maia Alta in Antipolo, and along Governor’s Drive in Dasmarinas.” Coloma noted that these serve as community pantries that carry the elevated supermarket DNA of AllDay’s larger format stores.
Disclaimer: This Press Release contains forward-looking statements that are subject to inherent risks and opportunities posed in the normal cause of business. However, AllDay Marts, Inc. believes that expectations reflected in any forward-looking statements are reasonable as they are made in citing third-party insights and studies, it can give no guarantee of future actions or events.