Media

Press Releases 2020

 

APRIL 22, 2020 - METRO Reports 2020 Second Quarter Results

 HIGHLIGHTS

  • Last two weeks of the quarter impacted by the COVID-19 pandemic
  • Sales of $3,988.9 million, up 7.8% and 8.1% when excluding the impact of IFRS 16
  • Food same-store sales up 9.7%, and up 5.2% excluding COVID-19 impact
  • Pharmacy same-store sales up 7.9%, and up 6.4% excluding COVID-19 impact
  • Net earnings of $176.2 million, up 45.0% and adjusted net earnings(1)
  • Fully diluted net earnings per share of $0.69, up 46.8% and adjusted fully diluted net earnings per share(1) of $0.72, up 20.0%
  • Impact of COVID-19 represents an increase in net earnings per share of about $0.03

    Please look at our Press Release (.pdf)