Angelo Torres
VP of Corporate Planning and Investor Relations Officer & Head of Sustainability

Good afternoon. Thank you for joining us to review Robinsons Retail's unaudited results for the first quarter of 2026. I'm Angelo Torres, the company's Corporate Planning and Investor Relations Officer. So the speakers for this call are the following: Mr. Stanley Co, our President and CEO; Ms. Christine Tueres, our Managing Director for the Big Formats of the Food segment; Ms. Mariel Crisostomo, Group General Manager of the Drugstore segment; Ms. Carmina Quizon, Group General Manager of Robinsons Department Stores; Toys "R" Us, Sole Academy, and Spatio; Mr. Ted Sogono, Group General Manager of the DIY segment; and Pets; Ms. Christine Sanchez, Deputy General Manager of Toys "R" Us; Ms. Mylene Kasiban, our CFO; and our Chairman, Ms. Robina Gokongwei-Pe; and Adviser for Corporate Planning Gina Dipaling are also here with us in the call.

[ Flash ] is the agenda for this afternoon's meeting. We will provide an overview of our financial performance and share key updates across the organization. [Operator Instructions] With that, I will turn you over to Mr. Stanley Co, our CEO and -- President and CEO, to discuss our financial highlights.

Stanley Co
CEO, President & Director

Good afternoon, everyone. For our first quarter financial highlights, net sales increased by 10.3% to PHP 52.8 billion, driven by a 4.1% same-store sales growth, new store contributions and the full quarter consolidation of Premiumbikes. Same-store sales growth was driven by higher basket sizes in the Food and our Drugstore segments. This