Wilcon Depot, Inc.

Wilcon Depot, Inc.

PPSE:WLCON
5.39
PHP
-0.02
(-0.37%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Lorraine Belo-Cincochan
Full Time Employees
3,629
Sector
Retail trade
Industry
Specialty stores
Address
Quezon City Philippines
IPO Date
Mar 31, 2017
Business
Wilcon Depot, Inc. is a leading specialty retailer of home improvement and construction supplies based in the Philippines. Founded in 1977 and headquartered in Quezon City, Philippines, the company operates an extensive nationwide network catering to homeowners, commercial builders, architects, interior designers, and trade contractors across Luzon, the Visayas, and Mindanao. The company conducts business primarily through two store formats, comprising large-format big-box depot stores and smaller neighborhood hardware formats operating as Do It Wilcon, supported by its digital commerce platform and mobile application ecosystem. The company offers a comprehensive assortment of building, finishing, and decorative merchandise categorized into distinct product and service segments: tiles and flooring, comprising imported Italian, Spanish, and regional porcelain tiles, ceramic tiles, vinyl planks, natural stone, and engineered hardwood; sanitaryware and plumbing fixtures, including bathtubs, water closets, lavatories, shower systems, sensor faucets, pipe fittings, and water heating systems marketed under in-house and international partner brands such as Pozzi, Kohler, Grohe, and Kasch; hardware and professional tools, featuring power tools, manual hand tools, fasteners, safety gear, locksets, and specialized tile-cutting machinery under brands including Rubi and Truper; electrical and lighting solutions, covering residential and commercial LED luminaires, decorative fixtures, switches, wiring devices, and circuit protection systems anchored by its proprietary Alphalux brand; building materials and paints, encompassing waterproofing solutions, gypsum boards, insulation, roofing systems, and architectural paints; furniture, furnishings, and housewares, including living, dining, and bedroom furniture, storage units, window treatments, and interior decors under its exclusive Heim and Heritage brands; and major appliances and kitchen systems, consisting of built-in hobs, range hoods, induction cooktops, ovens, and sink modules under its Hamden and Franke lines. In addition to retail sales, Wilcon Depot provides technical support and value-added customer services, including 3D computer-aided design (CAD) interior layout planning via its Design Hubs; precision tile-cutting services; computerized paint mixing and color matching; delivery and logistics support; and omnichannel customer relationship services through the My Wilcon loyalty program. In recent strategic and operational developments, Wilcon Depot has sustained its nationwide retail network expansion after surpassing its 100-store milestone ahead of schedule, progressing toward a targeted footprint of over 110 operating branches backed by an annual capital expenditure allocation of approximately PHP 2.59 billion. The company has implemented an ongoing portfolio recalibration by accelerating the rollout of its compact Do It Wilcon store format to penetrate high-density residential and secondary provincial markets, while simultaneously executing comprehensive store modernizations and layout facelifts across mature depot locations. Furthermore, Wilcon Depot has strengthened its omnichannel capabilities through continuous upgrades to its e-commerce infrastructure and mobile app, alongside organizational restructurings and supply chain enhancements designed to optimize inventory turnover and reinforce gross profit margins.