Metro Sales Rise, Earnings Dip in Promotional Q4

Metro Inc. said its net earnings decreased by 8.9% during its fiscal fourth quarter as the retailer waged promotional battles and absorbed costs associated with closing a food processing facility and a warehouse.

MONTREAL — Metro Inc. here on Wednesday said its net earnings decreased by 8.9% during its fiscal fourth quarter as the retailer waged promotional battles and absorbed costs associated with closing a food processing facility and a warehouse.

Sales of $2.6 billion (U.S.) during the eight-week fourth quarter, which ended Sept. 24, increased by 3.8% while same-store sales were up 3.2%. Net earnings

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