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Press Releases 2020

 

AUGUST 12, 2020 - METRO Reports 2020 Third Quarter Results

 HIGHLIGHTS

  • Sales of $5,835.2 million, up 11.6% and up 11.9% when excluding the impact of IFRS 16
  • Food same-store sales up 15.6%
  • Pharmacy same-store sales up 1.0%
  • Net earnings of $263.5 million, up 18.5% and adjusted net earnings(1) of $272.3 million, up 18.2%
  • Fully diluted net earnings per share of $1.04, up 20.9% and adjusted fully diluted net earnings per share(1) of $1.08, up 20.0%
  • Expenses related to COVID-19 totalling $107 million
  • Synergies of $23 million related to the Jean Coutu Group acquisition, $70 million(3) on an annualized basis

    Please look at our Press Release (.pdf)