Initiatives Drive Metro Gains

MONTREAL Quarterly and annual increases in sales and earnings validated Metro Inc.'s ongoing adoption of customer centric strategies, officials of the retailer here said last week. Net earnings improved 8.7% to $91 million (U.S.) for the fourth quarter and 10.4% to $383 million for the fiscal year, which ended Sept. 25. Quarterly sales of $2.5 billion (U.S.) improved 1.1% from the same period a year

MONTREAL — Quarterly and annual increases in sales and earnings validated Metro Inc.'s ongoing adoption of “customer centric” strategies, officials of the retailer here said last week.

Net earnings improved 8.7% to $91 million (U.S.) for the fourth quarter and 10.4% to $383 million for the fiscal year, which ended Sept. 25. Quarterly sales of $2.5 billion (U.S.) improved 1.1% from the same period a year ago, while comparable-store sales improved 0.5%. Annual sales of $11 billio

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