Metro Boosts Q1 Earnings

MONTREAL — Metro Inc. on Wednesday said costs controls and timing of the Christmas holiday helped to boost earnings and sales in the fiscal first quarter.

For the period that ended Dec. 22, net earnings climbed 17% to $121.4 million on sales of $2.7 billion (U.S.). Sales rose 2.7%, and same-store sales improved 1.5%. Same-store sales benefitted by about 1% as the result of a shift of some Christmas ho

Register to view the full article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish