Wilcon Depot, Inc. · PSE:WLCON
Wilcon Depot — H1 2026 Earnings Presentation
24 slides from Wilcon Depot's earnings presentation, Aug 11, 2026
Slide 1: Earnings Conference Call, August 11, 2026
a EARNINGS CONFERENCE CALL AUGUST 11, 2026 | 4:00 PM A con
Slide 2: Disclaimer
Disclaimer The above contains statements about future events and expectations that constitute “forward-looking statements.” These forward-looking statements include words or phrases such as the Company or its management “believes”, “expects”, “anticipates”, “intends”, “may”, “plans”, “foresees”, “ta
Slide 3: Second Quarter 2026 Results
SECOND QUARTER 2026 RESULIS ps
Slide 4: 2Q 2026 Results: Financial Highlights
2Q 2026 RESULTS 2nd QUARTER 2026 NEW STORE Financial Highlights BINANGONAN, RIZAL NEOGAN, TAGAYTAY CITY ₱9.8B ₱ 641M Comparable Sales Summary NET SALES NIAT 8.4% 2.9% 5.4% SSSG TRANSACTION TICKET SIZE 12.7% 2.4% COUNT Y-o-Y SALES Y-o-Y NIAT Margins PERCENTAGE PERCENTAGE 37.5% 12.8% 8.5% 6.5% GPM EBI
Slide 5: Total Net Sales Breakdown – 2Q 2026
Total Net Sales Breakdown – 2Q 2026 Php Millions 2Q2026 2Q2025 Do It Wilcon, Projects, 40M, Do It Wilcon, Projects, 322M, 3.3% 0.4% 282M, 3.2% 50M, 0.6% Depots, Depots, 9,445M, 96.3% Depots, 8,369, 96.2% 8,369M, 96.2% 12.7% Sales Growth per Store Format Product Category Performance 2Q2026 VS 2Q2025
Slide 6: Comparable Sales Summary
Comparable Sales Summary Quarterly Trend 8.4% 4.7% 4.8% 3.3% 3.8% 1Q26 1Q25 1Q24 1Q23 2Q26 2Q25 2Q24 2Q23 3Q25 3Q24 3Q23 4Q25 4Q24 4Q23 -2.0% -3.6% -3.4% -6.1% -5.7% -7.3% -7.0% -7.1% -8.5% Comparable Sales per Format Comparable Ticket Size and Number of Transactions 2Q2026 vs 2Q2025 ticket size, 2Q
Slide 7: Second Quarter 2026
SECOND QUARTER 2026 2Q 2026 % of Sales 2Q 2025 % of Sales +/- % GROWTH Net Sales 9,807 100.0 8,701 100.0 1,106 12.7% Cost of sales (6,125) (62.5) (5,352) (61.5) (773) 14.4% GPM rate decreased to Gross Profit 3,682 37.5 3,349 38.5 333 10.0% 37.5% Operating expenses (2,750) (28.0) (2,520) (29.0) 231 9
Slide 8: First Half 2026 Results
FIRST HALF 2026 RESULTS = % —M
Slide 9: 6M2026 Results: Financial Highlights
6M2026 RESULTS Financial Highlights Comparable Sales Summary Total Sales Mix -------------------------------------------- ₱ 18.98B ₱ 1.2B Product categories performing NET SALES NIAT 6.6% 1.6% 4.9% 50.5% better than average growth SSSG TRANSACTION TICKET SIZE COUNT In-house & exclusive 10.9 % 3.5% M
Slide 10: Total Net Sales Breakdown – 1H 2026
Total Net Sales Breakdown – 1H 2026 1H2026 1H2025 Projects, Php Millions Do It Wilcon, Projects, Do It Wilcon, 540M, 3.2% 84M, 0.5% 607M, 3.2% 96M, 0.5% Depots, 10.9% 18,274, 96.3% Depots, 16,485M, 96.3% Product Category Performance Sales Growth per Store Format 1H2026 VS 1H2025 1H2026 VS 1H2025 Bet
Slide 11: Comparable Sales Summary
Comparable Sales Summary COMPARABLE SALES YTD TREND 36.4% 11.8% 6.6% 4.7% -4.9% -4.6% -0.2% -28.3% 1H2026 1H2025 1H2024 1H2023 1H2022 1H2021 1H2020 1H21019 Comparable Sales per Format Comparable Ticket Size and Number of Transactions 1H2026 vs 1H2025 ticket size, 1H2026 vs 1H2025 14.2% 4.9% 6.6% 6.1
Slide 12: First Half 2026
FIRST HALF 2026 % Growth YTD 2026 % of Sales YTD 2025 % of Sales +/- y-o-y Net Sales 18,977 100.0 17,109 100.0 1,868 10.9% Cost of sales (11,900) (62.7) (10,496) (61.3) (1,404) 13.4% GPM rate decreased to 37.3% Gross Profit 7,077 37.3 6,613 38.7 464 7.0% Operating expenses (5,345) (28.2) (4,928) (28
Slide 13: Balance Sheet
Balance Sheet Unaudited Audited (In Million Php) (as of June 30, 2026) (as of December 31, 2025) Current Assets 17,695 18,804 Noncurrent Assets* 23,939 21,730 Total Assets 41,634 40,534 Current Liabilities 6,335 6,534 Noncurrent Liabilities 10,923 9,189 Total Liabilities 17,259 15,723 Capital Stock
Slide 14: 1H2026 vs 1H2025 CAPEX Investment
1H2026 vs 1H2025 CAPEX Investment 1H2026 1H2025 ACTUAL ACTUAL Construction/Renovation of New Stores and Warehouses 804 668 Store and Transportation Equipment 208 244 Renovations & Repairs 184 167 IT Infrastructures and Softwares 29 26 Total CAPEX (in millions Php) 1,225 1,104 14
Slide 15: Historical Margins
Historical Margins 39.1 39.6 39.1 38.6 GPM 37.3 37.3 34.4 33.4 31.4 29.7 18.6 17.1 15.8 EBITDAM 12.9 13.1 13.6 13.5 12.7 11.9 15.2 11.0 12.1 12.3 13.4 10.5 11.4 8.8 9.1 EBITM 11.5 9.7 10.1 8.2 8.7 8.7 9.3 NPM 7.8 7.4 6.4 6.9 6.3 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 6M2026 N
Slide 16: Returning Value to Shareholders
Returning Value to Shareholders Cash Dividend per share over time: (Php/share) P0.37 P0.36 P0.26 P0.21 P0.18 P0.16 P0.11 P0.12 2018 2019 2020 2021 2022 2023 2024 2025 Total Cash Dividends 0.11 0.16 0.18 0.12 0.21 0.37 0.26 0.36 (Php M) 450.97 655.96 737.95 491.97 860.94 1,516.90 1,065.93 1,475.90 16
Slide 17: Strategic priorities: store network, product, touchpoints, brand
Disciplined evolution of the store network, balancing selective growth with the protection and optimization of existing strengths Portfolio-led product and margin management focused on sustainable return improvement Continuous evolution of customer touchpoints to support efficiency, scalability, and
Slide 18: 2026 Store Openings
2026 STORE OPENINGS YTD June 30, 2026 DIW26 Binangonan 114 Angeles, Pampanga Opening Date: May 29, 2026 Opening Date: January 30, 2026 110 Salawag, Cavite Opening Date: January 30, 2026 DIW24 Neogan, Tagaytay Opening Date: June 26, 2026 113 Carmona, Cavite Opening Date: January 23, 2026 Total number
Slide 19: Store Network Strategy — How We Govern Physical Growth
Store Network Strategy — How We Govern Physical Growth Disciplined evolution of the store network, balancing selective growth with the protection and optimization of existing strengths • We manage the store network as a portfolio across different • Capital deployment conditions: asset states: ✓ Esta
Slide 20: Product & Margin Strategy — Portfolio-Level Governance
Product & Margin Strategy — Portfolio-Level Governance Portfolio-led product and margin management focused on sustainable return improvement How Decisions Are Governed Return • Product and margin decisions are governed using • Margin improvement must strengthen overall economics: portfolio-level pri
Slide 21: Customer Touchpoints — Operating Model
Customer Touchpoints — Operating Model Continuous evolution of customer touchpoints to support efficiency, scalability, and engagement. • Customer-facing decisions are governed by operating • The evolution of touchpoints is intended to: principles: ✓ Touchpoints are evaluated as part of an end-to-en
Slide 22: Brand Strategy: Long-Term Demand Quality and Pricing Power
Brand Strategy: Long-Term Demand Quality and Pricing Power Strengthening brand equity to support long-term demand quality and pricing power. • Brand decisions are governed by long-term value principles: • Strengthened brand equity is expected to: ✓ Brand is managed as an economic asset, not a short-
Slide 23: Q&A
Q&A
Slide 24: Thank You!
THANK YOU!