Media

Press Releases 2018

 

November 21, 2018 - METRO reports 2018 fourth quarter results

 HIGHLIGHTS

  • 12-week quarter versus 13 weeks in 2017
  • Sales of $3,736.2 million, up 15.7% and up 2.5% when excluding the Jean Coutu Group and the 13th week of 2017
  • Food same-store sales up 2.1%
  • Pharmacy same-store sales up 1.8%
  • Net earnings of $145.0 million, down 6.4%
  • Adjusted net earnings(1) of $161.0 million, up 35.1% based on 12 weeks in 2017
  • Fully diluted net earnings per share of $0.56, down 15.2%
  • Adjusted fully diluted net earnings per share(1) of $0.63, up 23.5% based on 12 weeks in 2017
  • Synergies of $6.6 million related to the Jean Coutu Group acquisition; $17 million on an annual basis
  • Reinstatement of the share repurchase program

    Please look at our Press Release (.pdf)