Philippine Home Improvement Retailers Begin 2026 on a Strong Note
- brg_news_room
- 3 days ago
- 1 min read
PHILIPPINE: The Philippine home improvement retail sector delivered a solid performance in the first quarter of 2026, supported by stronger store sales and continued network expansion. Market leader Wilcon Depot reported net sales of approximately US$164 million, representing a 9.1% year-on-year increase. Growth was driven by a 4.7% rise in same-store sales and a 4.0% contribution from newly opened stores. Wilcon's large-format Depot outlets generated 96.3% of total revenue, with mature stores remaining the primary sales driver while new branches added further momentum. Meanwhile, the company's smaller Do-It-Wilcon stores also recorded positive comparable sales growth of 1.6%, reflecting resilient consumer demand.
Source: DIY International
