Metro ‘Encouraged’ by Conversions; Profits Jump

Metro Inc. said yesterday that its conversion of former A&P-owned stores in Ontario to the Metro banner has been well received by consumers, and that results from the stores are “encouraging.”

MONTREAL — Metro Inc. here said yesterday that its conversion of former A&P-owned stores in Ontario to the Metro banner has been well received by consumers, and that results from the stores are “encouraging.”

Eric LaFleche, the company’s president and chief executive officer, made the remarks during a conference call discussing Metro’s results for the fourth quarter, in which profits grew 25.5% and exceeded analysts’ estimates. In the quarter, which ended Sept. 27, Metro po

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