AUGUST 11, 2021 - METRO Reports 2021 Third Quarter Results

 HIGHLIGHTS

Please look at our Press Release (.pdf)

• Sales of $5,719.8 million, down 2.0%, and up 9.4% vs 2019
• Food same-store sales down 3.6%, and up 11.4% vs 2019
• Pharmacy same-store sales up 7.6%, and up 8.6% vs 2019
• Net earnings of $252.4 million, down 4.2% and adjusted net earnings⁽¹⁾ of $261.2 million, down 4.1%
• Fully diluted net earnings per share of $1.03, down 1.0%, and adjusted fully diluted net earnings per share⁽¹⁾ of $1.06, down 1.9%
• Expenses related to COVID-19 totalling $38 million, including $8 million of gift cards to front-line employees
• Transition to new Ontario fresh distribution center completed, adding $8 million of non-recurring costs