Robinsons Retail Holdings, Inc. (RRETY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Afternoon, everyone. Thank you for joining us for the first time of this year. I am Jeevan Dipali, my company's Investor Relations Officer. The speakers for this call are the following. Stanley Call, our President and CEO. My name is Kasima, our CFO. Christine Tuarez, the Managing Director of the Food Center and Food Formats. Johan Arceo, the Group General Manager of the Transfers Center. Celina Chua, the Group General Manager of the Department Store for Saras, Sol Academy and Spatial. Ted Sobono, the Group General Manager of the IYX segment and PECS. And Dondon Gao, the General Manager of Robinsons Appliances. Our Chairman, Rubina Tocamonte, is also the Vice-President. Left on the screen is the agenda for this afternoon's call. We will provide an overview of our financial performance and share key updates across the organization. As a reminder for the Q&A session, please use the Q&A function on your Zoom dashboard to type in your questions. Please limit initially to a maximum of three questions including follow-ups. We'll be back. into the Q&A box for additional questions. You may also use the raise hand function if you would like to ask questions live. With that, I will turn you over to Sandy. Thank you, Dina. Good afternoon, everyone. Here are the highlights for results for the second quarter of 2025. Consolidated net sales rose from 5.9% to 50.7 billion. Blended safe for sales growth stood at 4.8%. Cross-profit grew by 6.6% to $12.3 billion. Event increased by 7.4% to $2.4 billion. In-core net earnings rose by 3.9% to $1.5 billion. And net income to parent declined by 13.3% to $1.5 billion. For the first half of 2025, consolidated net sales increased by 5.1% to $98.5 billion. Net net sales growth hitting at 3.9%. Gross profit rose by 6.4% to a budget 3.5 billion....