Metro Retail earnings surge 93% in first quarter

MANILA, Philippines — Metro Retail Stores Group Inc. (MRSGI) nearly doubled its first-quarter earnings as stronger margins and steady consumer demand boosted the retailer’s performance at the start of 2026. The Gaisano-led grocery retailer said Monday its consolidated net income after tax surged by 92.5 percent to P25.8 million in the January-to-March period from a year