Puregold Price Club, Inc. provided earnings guidance for the year 2016. For the year, the company is hiking its capital expenditure budget amid plans to expand organically, with the Lucio L. Co-owned supermarket operator seeing a slight slowdown in sales and profit growth in 2016. The company is spending PHP 2.36 billion in 2016, higher than the estimated investment of PHP billion for 2015.

Sales and earnings are expected to grow in the low-teens level – slower than 2015's goal of low-mid teens –due to high base effect.